5, RUSKIN CLOSE, HEACHAM, KING'S LYNN, PE31 7SE - £183,000

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 RUSKIN CLOSE is a small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £183,000 in November 2007, which was around 16% below the average November 2007 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 C, and the potential energy rating was C.

5 RUSKIN CLOSE Sold Prices

Land registry data shows two sales for 5 RUSKIN CLOSE 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 RUSKIN CLOSE 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
2007 12 NOV	£183,000	£218,468	16% below HPI
2005 29 APR	£170,000	£183,187	7% below HPI

5 RUSKIN CLOSE 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 RUSKIN CLOSE sales from April 2005 and November 2007 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 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2007 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 RUSKIN CLOSE?

5 RUSKIN CLOSE is 73m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 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 5 RUSKIN CLOSE lies on this distribution: 25% of detached houses are smaller than 5 RUSKIN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Heacham.

5 RUSKIN CLOSE: Plot and Title Map

5 RUSKIN CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 5 RUSKIN CLOSE, 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 RUSKIN CLOSE). 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 RUSKIN CLOSE?

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