7, RINGSTEAD ROAD, HEACHAM, KING'S LYNN, PE31 7HZ - £650,000

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 RINGSTEAD ROAD is a small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £650,000 in June 2023, which was around 79% above the average June 2023 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 F, and the potential energy rating was D.

7 RINGSTEAD ROAD Sold Prices

Land registry data shows two sales for 7 RINGSTEAD ROAD 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 7 RINGSTEAD ROAD 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
2023 15 JUN	£650,000	£363,024	79% above HPI
2008 31 MAR	£445,000	£216,664	105% above HPI

7 RINGSTEAD 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 two 7 RINGSTEAD ROAD sales from March 2008 and June 2023 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 March 2008 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the June 2023 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 7 RINGSTEAD ROAD?

7 RINGSTEAD ROAD is 76m² 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 7 RINGSTEAD ROAD lies on this distribution: 31% of detached houses are smaller than 7 RINGSTEAD ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Heacham.

7 RINGSTEAD ROAD: Plot and Title Map

7 RINGSTEAD ROAD sits on a plot of roughly 1.2 acres, or 4,824m². The below map shows the location of 7 RINGSTEAD 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 RINGSTEAD 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 RINGSTEAD ROAD?

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