47, FOLGATE ROAD, HEACHAM, KING'S LYNN, PE31 7BQ - £290,000

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.

47 FOLGATE ROAD is a midsized detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £347,306. It was last sold for £290,000 in October 2018, which was around 5% below the average October 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

47 FOLGATE ROAD Sold Prices

Land registry data shows two sales for 47 FOLGATE ROAD 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 47 FOLGATE ROAD 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
2018 26 OCT	£290,000	£306,211	5% below HPI
2004 29 OCT	£170,000	£191,803	11% below HPI

47 FOLGATE ROAD 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 47 FOLGATE ROAD sales from October 2004 and October 2018 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 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 47 FOLGATE ROAD be worth now?

47 FOLGATE ROAD might now be worth an estimated £347,306.

This is based on house price inflation of 19.8%, between October 2018 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 19.8% inflationary increase is applied to the most recent sale price for 47 FOLGATE ROAD of £290,000 on 26th October 2018. For the value to have increased from £290,000 to £347,306 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 47 FOLGATE ROAD has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The October 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 47 FOLGATE ROAD has not materially changed since October 2018.

How Large is 47 FOLGATE ROAD?

47 FOLGATE ROAD is 96m² according to the EPC inspection conducted in February 2018. This puts it in the largest 50% 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 47 FOLGATE ROAD lies on this distribution: 57% of detached houses houses are smaller than 47 FOLGATE ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Heacham.

47 FOLGATE ROAD: Plot and Title Map

47 FOLGATE ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 47 FOLGATE ROAD, 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 47 FOLGATE ROAD). 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 47 FOLGATE ROAD?

47 FOLGATE ROAD is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 47 on FOLGATE ROAD.