5, FOREST DRIVE, HEACHAM, KING'S LYNN, PE31 7AF - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 FOREST DRIVE is a very large detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £340,597. It was last sold for £270,000 in September 2017, which was around 7% below the average September 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

5 FOREST DRIVE Sold Prices

Land registry data shows two sales for 5 FOREST DRIVE 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 5 FOREST DRIVE 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
2017 29 SEP	£270,000	£290,708	7% below HPI
2012 3 SEP	£170,000	£204,684	17% below HPI

5 FOREST DRIVE 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 5 FOREST DRIVE sales from September 2012 and September 2017 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 September 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 5 FOREST DRIVE be worth now?

5 FOREST DRIVE might now be worth an estimated £340,597.

This is based on house price inflation of 26.1%, between September 2017 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 26.1% inflationary increase is applied to the most recent sale price for 5 FOREST DRIVE of £270,000 on 29th September 2017. For the value to have increased from £270,000 to £340,597 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 FOREST DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FOREST DRIVE has not materially changed since September 2017.

How Large is 5 FOREST DRIVE?

5 FOREST DRIVE is 132m² according to the EPC inspection conducted in June 2017. This puts it in the largest 20% 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 5 FOREST DRIVE lies on this distribution: 80% of detached houses houses are smaller than 5 FOREST DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Heacham.

5 FOREST DRIVE: Plot and Title Map

5 FOREST DRIVE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 5 FOREST DRIVE, 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 5 FOREST DRIVE). 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 5 FOREST DRIVE?

5 FOREST DRIVE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 5 on FOREST DRIVE.