7, MEADOW ROAD, HEACHAM, KING'S LYNN, PE31 7DY - £269,000

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

7 MEADOW ROAD is a large extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £269,000 in June 2017, which was around 2% below the average June 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

7 MEADOW ROAD Sold Prices

Land registry data shows three sales for 7 MEADOW ROAD since 1^st 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 7 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
2017 23 JUN	£269,000	£274,237	2% below HPI
2002 29 MAY	£95,000	£122,014	22% below HPI
2001 15 OCT	£89,151	£113,336	21% below HPI

7 MEADOW ROAD 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 three 7 MEADOW ROAD sales between October 2001 and June 2017 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 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 MEADOW ROAD?

7 MEADOW ROAD is 108m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 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 7 MEADOW ROAD lies on this distribution: 67% of detached houses are smaller than 7 MEADOW ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Heacham.

7 MEADOW ROAD: Plot and Title Map

7 MEADOW ROAD sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 7 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 7 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.

Where is 7 MEADOW ROAD?

7 MEADOW ROAD is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 7 on MEADOW ROAD.