54, BROADWAY, HEACHAM, KING'S LYNN, PE31 7JJ - £275,000

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

54 BROADWAY is a very large extended detached house of 134m², built sometime between 1976 and 1982. It was last sold for £275,000 in February 2014, which was around 27% above the average February 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

54 BROADWAY Sold Prices

Land registry data shows two sales for 54 BROADWAY 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 54 BROADWAY sales were for above 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
2014 10 FEB	£275,000	£217,077	27% above HPI
2006 3 APR	£220,000	£189,588	16% above HPI

54 BROADWAY 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 54 BROADWAY sales from April 2006 and February 2014 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 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2014 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 54 BROADWAY?

54 BROADWAY is 134m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 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 54 BROADWAY lies on this distribution: 82% of detached houses are smaller than 54 BROADWAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Heacham.

54 BROADWAY: Plot and Title Map

54 BROADWAY sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 54 BROADWAY, 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 54 BROADWAY). 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 54 BROADWAY?

54 BROADWAY is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 54 on BROADWAY.