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
6 MEADOW ROAD is a midsized extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £163,000 in February 2015, which was around 29% below the average February 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 6 MEADOW ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 6 MEADOW ROAD 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 |
---|---|---|---|
2015 16 FEB | £163,000 | £229,816 | 29% below HPI |
2001 12 OCT | £95,000 | £113,336 | 16% below HPI |
1997 23 MAY | £58,000 | £66,888 | 13% below HPI |
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 three 6 MEADOW ROAD sales between May 1997 and February 2015 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 October 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
6 MEADOW ROAD is 88m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 6 MEADOW ROAD lies on this distribution: 48% of detached houses are smaller than 6 MEADOW ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Heacham.
6 MEADOW ROAD sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 6 MEADOW ROAD, 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 6 MEADOW ROAD). 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.
6 MEADOW ROAD is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 6 on MEADOW ROAD.