4, TORREY CLOSE, HEACHAM, KING'S LYNN, PE31 7SH - £225,000

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 TORREY CLOSE is a very small detached house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £229,783. It was last sold for £225,000 in April 2022, which was around 37% below the average April 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

4 TORREY CLOSE Sold Prices

Land registry data shows six sales for 4 TORREY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the six 4 TORREY 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
2022 1 APR	£225,000	£359,087	37% below HPI
2008 3 NOV	£159,000	£207,937	24% below HPI
2006 8 DEC	£159,250	£214,881	26% below HPI
1998 28 APR	£54,000	£71,057	24% below HPI
1998 14 FEB	£54,000	£72,913	26% below HPI
1995 27 MAY	£40,000	£62,690	36% below HPI

4 TORREY 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 six 4 TORREY CLOSE sales between May 1995 and April 2022 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 November 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 4 TORREY CLOSE be worth now?

4 TORREY CLOSE might now be worth an estimated £229,783.

This is based on house price inflation of 2.1%, between April 2022 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 2.1% inflationary increase is applied to the most recent sale price for 4 TORREY CLOSE of £225,000 on 1st April 2022. For the value to have increased from £225,000 to £229,783 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 4 TORREY CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The April 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TORREY CLOSE has not materially changed since April 2022.

How Large is 4 TORREY CLOSE?

4 TORREY CLOSE is 55m² according to the EPC inspection conducted in November 2021. 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 TORREY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 4 TORREY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Heacham.

4 TORREY CLOSE: Plot and Title Map

4 TORREY CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 4 TORREY 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 TORREY 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 TORREY CLOSE?

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