4, MALTHOUSE CLOSE, HEACHAM, KING'S LYNN, PE31 7EH - £130,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 MALTHOUSE CLOSE is a large extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £130,000 in April 2017, which was around 52% below the average April 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

4 MALTHOUSE CLOSE Sold Prices

Land registry data shows two sales for 4 MALTHOUSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. One of the two 4 MALTHOUSE CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 21 APR	£130,000	£270,154	52% below HPI
2001 7 JUN	£112,000	£101,294	11% above HPI

4 MALTHOUSE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 4 MALTHOUSE CLOSE sales from June 2001 and April 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2017 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 4 MALTHOUSE CLOSE?

4 MALTHOUSE CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 4 MALTHOUSE CLOSE lies on this distribution: 65% of detached houses are smaller than 4 MALTHOUSE CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Heacham.

4 MALTHOUSE CLOSE: Plot and Title Map

4 MALTHOUSE CLOSE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 4 MALTHOUSE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 MALTHOUSE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 MALTHOUSE CLOSE?

4 MALTHOUSE CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 4 on MALTHOUSE CLOSE.