59, MARRAM WAY, HEACHAM, KING'S LYNN, PE31 7AH - £245,000

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

59 MARRAM WAY is a midsized detached house of 93m², built sometime between 1967 and 1975. It was last sold for £245,000 in May 2008, which was around 16% above the average May 2008 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was B, and the potential energy rating was A.

59 MARRAM WAY Sold Prices

Land registry data shows two sales for 59 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. One of the two 59 MARRAM WAY sales was for above the average price, whilst the other was 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
2008 28 MAY	£245,000	£211,544	16% above HPI
2006 26 JAN	£173,000	£193,177	10% below HPI

59 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 59 MARRAM WAY sales from January 2006 and May 2008 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 January 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2008 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 59 MARRAM WAY?

59 MARRAM WAY is 93m² according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 59 MARRAM WAY lies on this distribution: 53% of detached houses are smaller than 59 MARRAM WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Heacham.

59 MARRAM WAY: Plot and Title Map

59 MARRAM WAY sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 59 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 59 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 59 MARRAM WAY?

59 MARRAM WAY is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 59 on MARRAM WAY.