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
49 FOLGATE ROAD is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £124,950 in July 2011, which was around 36% below the average July 2011 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 49 FOLGATE ROAD since 1st January 1995. The below table shows the price paid for the four 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 four 49 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 |
---|---|---|---|
2011 13 JUL | £124,950 | £195,780 | 36% below HPI |
2011 28 APR | £110,000 | £198,672 | 45% below HPI |
1997 5 DEC | £56,000 | £70,343 | 20% below HPI |
1997 18 APR | £55,000 | £68,384 | 20% below HPI |
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 four 49 FOLGATE ROAD sales between April 1997 and July 2011 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 April 2011 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2011 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
49 FOLGATE ROAD is 56m² according to the EPC inspection conducted in February 2011. 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 49 FOLGATE ROAD lies on this distribution: 6% of detached houses are smaller than 49 FOLGATE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Heacham.
49 FOLGATE ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 49 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 49 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.
49 FOLGATE ROAD is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 49 on FOLGATE ROAD.