4, STAINSBY CLOSE, HEACHAM, KING'S LYNN, PE31 7BP - £149,000

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 STAINSBY CLOSE is a small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £149,000 in July 2009, which was around 25% below the average July 2009 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

4 STAINSBY CLOSE Sold Prices

Land registry data shows two sales for 4 STAINSBY 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 STAINSBY 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
2009 24 JUL	£149,000	£198,897	25% below HPI
1999 7 OCT	£56,000	£85,394	34% below HPI

4 STAINSBY 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 STAINSBY CLOSE sales from October 1999 and July 2009 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 October 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2009 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 STAINSBY CLOSE?

4 STAINSBY CLOSE is 69m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 STAINSBY CLOSE lies on this distribution: 20% of detached houses are smaller than 4 STAINSBY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Heacham.

4 STAINSBY CLOSE: Plot and Title Map

4 STAINSBY CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 4 STAINSBY 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 STAINSBY 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 STAINSBY CLOSE?

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