4, RUSKIN CLOSE, HEACHAM, KING'S LYNN, PE31 7SE - £137,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 RUSKIN CLOSE is a very small detached house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £207,410. It was last sold for £137,500 in June 2015, which was around 43% below the average June 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

4 RUSKIN CLOSE Sold Prices

Land registry data shows two sales for 4 RUSKIN 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. Both of the two 4 RUSKIN CLOSE sales 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
2015 22 JUN	£137,500	£243,113	43% below HPI
2005 26 AUG	£139,000	£205,453	32% below HPI

4 RUSKIN 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 RUSKIN CLOSE sales from August 2005 and June 2015 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 August 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 4 RUSKIN CLOSE be worth now?

4 RUSKIN CLOSE might now be worth an estimated £207,410.

This is based on house price inflation of 50.8%, between June 2015 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.8% inflationary increase is applied to the most recent sale price for 4 RUSKIN CLOSE of £137,500 on 22nd June 2015. For the value to have increased from £137,500 to £207,410 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 4 RUSKIN CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2015 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 4 RUSKIN CLOSE has not materially changed since June 2015.

How Large is 4 RUSKIN CLOSE?

4 RUSKIN CLOSE is 54m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heacham, and where 4 RUSKIN CLOSE lies on this distribution: 3% of detached houses houses are smaller than 4 RUSKIN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Heacham.

4 RUSKIN CLOSE: Plot and Title Map

4 RUSKIN CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 4 RUSKIN 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 RUSKIN 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 RUSKIN CLOSE?

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