5, PINE MALL, HEACHAM, KING'S LYNN, PE31 7AE - £283,000

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

5 PINE MALL is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £283,000 in January 2021, which was around 9% below the average January 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

5 PINE MALL Sold Prices

Land registry data shows two sales for 5 PINE MALL 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 PINE MALL 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
2021 28 JAN	£283,000	£311,237	9% below HPI
2010 17 DEC	£163,000	£208,513	22% below HPI

5 PINE MALL 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 PINE MALL sales from December 2010 and January 2021 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 December 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 PINE MALL?

5 PINE MALL is 67m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 5 PINE MALL lies on this distribution: 17% of detached houses are smaller than 5 PINE MALL, and 82% of houses are larger. Note that EPC data is not available for all properties in Heacham.

5 PINE MALL: Plot and Title Map

5 PINE MALL sits on a plot of roughly 0.100 of an acre, or 407m². The below map shows the location of 5 PINE MALL, 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 PINE MALL). 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 PINE MALL?

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