41, BROADWAY, HEACHAM, KING'S LYNN, PE31 7JJ - £195,000

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

41 BROADWAY is a large extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £195,000 in October 2003, which was around 16% above the average October 2003 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

41 BROADWAY Sold Prices

Land registry data shows two sales for 41 BROADWAY 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 41 BROADWAY sales were for above 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
2003 22 OCT	£195,000	£167,921	16% above HPI
2002 6 AUG	£150,000	£136,280	10% above HPI

41 BROADWAY 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 41 BROADWAY sales from August 2002 and October 2003 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 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2003 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 41 BROADWAY?

41 BROADWAY is 118m², which includes two extensions, according to the EPC inspection conducted in June 2021. 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 41 BROADWAY lies on this distribution: 73% of detached houses are smaller than 41 BROADWAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Heacham.

41 BROADWAY: Plot and Title Map

41 BROADWAY sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 41 BROADWAY, 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 41 BROADWAY). 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 41 BROADWAY?

41 BROADWAY is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 41 on BROADWAY.