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
65 MARRAM WAY is a very large detached house of 131m², built sometime between 1967 and 1975. It was last sold for £375,000 in July 2022, which was around 4% above the average July 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 65 MARRAM WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five 65 MARRAM WAY 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 |
---|---|---|---|
2022 15 JUL | £375,000 | £360,693 | 4% above HPI |
2020 15 OCT | £307,000 | £311,406 | 1% below HPI |
2007 8 JUN | £247,000 | £213,393 | 16% above HPI |
2004 24 SEP | £197,000 | £185,640 | 6% above HPI |
1999 10 DEC | £79,000 | £85,017 | 7% 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 five 65 MARRAM WAY sales between December 1999 and July 2022 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 2020 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
65 MARRAM WAY is 131m² according to the EPC inspection conducted in January 2020. 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 65 MARRAM WAY lies on this distribution: 80% of detached houses are smaller than 65 MARRAM WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Heacham.
65 MARRAM WAY sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 65 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 65 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.
65 MARRAM WAY is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 65 on MARRAM WAY.