4, MEADOW ROAD, HEACHAM, KING'S LYNN, PE31 7DY - £350,000

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 MEADOW ROAD is a large extended detached house of 118m², built sometime between 1900 and 1929. It was last sold for £350,000 in March 2021, which was around 11% above the average March 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

4 MEADOW ROAD Sold Prices

Land registry data shows three sales for 4 MEADOW ROAD since 1^st January 1995. The below table shows the price paid for the three 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 three 4 MEADOW ROAD sales was for above the average price, whilst two were for below 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
2021 5 MAR	£350,000	£316,180	11% above HPI
2016 24 MAY	£220,000	£252,970	13% below HPI
2001 23 JUL	£103,000	£105,508	2% below HPI

4 MEADOW ROAD 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 three 4 MEADOW ROAD sales between July 2001 and March 2021 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 May 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 4 MEADOW ROAD?

4 MEADOW ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% 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 MEADOW ROAD lies on this distribution: 73% of detached houses are smaller than 4 MEADOW ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Heacham.

4 MEADOW ROAD: Plot and Title Map

4 MEADOW ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 4 MEADOW ROAD, 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 MEADOW ROAD). 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 MEADOW ROAD?

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