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

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 TORREY CLOSE is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £225,000 in April 2022, which was around 36% 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	£349,431	36% below HPI
2008 3 NOV	£159,000	£202,345	21% below HPI
2006 8 DEC	£159,250	£209,103	24% below HPI
1998 28 APR	£54,000	£69,146	22% below HPI
1998 14 FEB	£54,000	£70,953	24% below HPI
1995 27 MAY	£40,000	£61,005	34% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

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 in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 4 TORREY CLOSE lies on this distribution: 4% of detached houses are smaller than 4 TORREY CLOSE, and 95% 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.