8, SCHOOL ROAD, HEACHAM, KING'S LYNN, PE31 7DE - £426,500

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

8 SCHOOL ROAD is a large extended detached house of 98m², built sometime between 1900 and 1929. It was last sold for £426,500 in August 2022, which was around 15% above the average August 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

8 SCHOOL ROAD Sold Prices

Land registry data shows two sales for 8 SCHOOL 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. One of the two 8 SCHOOL ROAD sales was for above the average price, whilst the other was roughly equal to 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 8 AUG	£426,500	£369,609	15% above HPI
1995 18 SEP	£58,000	£57,962	Close to HPI

8 SCHOOL 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 8 SCHOOL ROAD sales from September 1995 and August 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 September 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 8 SCHOOL ROAD?

8 SCHOOL ROAD is 98m², which includes three extensions, according to the EPC inspection conducted in May 2022. 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 8 SCHOOL ROAD lies on this distribution: 60% of detached houses are smaller than 8 SCHOOL ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Heacham.

8 SCHOOL ROAD: Plot and Title Map

8 SCHOOL ROAD sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 8 SCHOOL 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 8 SCHOOL 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 8 SCHOOL ROAD?

8 SCHOOL ROAD is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 8 on SCHOOL ROAD.