8, SITKA CLOSE, HEACHAM, KING'S LYNN, PE31 7AQ - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SITKA CLOSE is a small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £326,238. It was last sold for £270,000 in December 2018, which was around 11% below the average December 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

8 SITKA CLOSE Sold Prices

Land registry data shows two sales for 8 SITKA CLOSE 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 8 SITKA CLOSE 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
2018 10 DEC	£270,000	£303,504	11% below HPI
2013 16 JAN	£165,000	£210,136	21% below HPI

8 SITKA CLOSE 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 SITKA CLOSE sales from January 2013 and December 2018 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 January 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 SITKA CLOSE be worth now?

8 SITKA CLOSE might now be worth an estimated £326,238.

This is based on house price inflation of 20.8%, between December 2018 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.8% inflationary increase is applied to the most recent sale price for 8 SITKA CLOSE of £270,000 on 10th December 2018. For the value to have increased from £270,000 to £326,238 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 SITKA CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The December 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SITKA CLOSE has not materially changed since December 2018.

How Large is 8 SITKA CLOSE?

8 SITKA CLOSE is 82m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heacham, and where 8 SITKA CLOSE lies on this distribution: 39% of detached houses houses are smaller than 8 SITKA CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Heacham.

8 SITKA CLOSE: Plot and Title Map

8 SITKA CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 8 SITKA CLOSE, 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 SITKA CLOSE). 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 SITKA CLOSE?

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