57, MARRAM WAY, HEACHAM, KING'S LYNN, PE31 7AH - £171,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

57 MARRAM WAY is a small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £171,000 in March 2012, which was around 13% below the average March 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

57 MARRAM WAY Sold Prices

Land registry data shows two sales for 57 MARRAM WAY 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 57 MARRAM WAY 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
2012 29 MAR	£171,000	£196,428	13% below HPI
2001 4 MAY	£88,000	£99,510	12% below HPI

57 MARRAM WAY 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 57 MARRAM WAY sales from May 2001 and March 2012 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 May 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2012 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 57 MARRAM WAY?

57 MARRAM WAY is 80m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 57 MARRAM WAY lies on this distribution: 37% of detached houses are smaller than 57 MARRAM WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Heacham.

57 MARRAM WAY: Plot and Title Map

57 MARRAM WAY sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 57 MARRAM WAY, 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 57 MARRAM WAY). 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 57 MARRAM WAY?

57 MARRAM WAY is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 57 on MARRAM WAY.