15, GIDNEY DRIVE, HEACHAM, KING'S LYNN, PE31 7SX - £275,000

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.

15 GIDNEY DRIVE is a small extended detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £308,645. It was last sold for £275,000 in October 2020, which was around 14% below the average October 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

15 GIDNEY DRIVE Sold Prices

Land registry data shows two sales for 15 GIDNEY DRIVE 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 15 GIDNEY DRIVE 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
2020 23 OCT	£275,000	£320,011	14% below HPI
2011 14 MAR	£152,500	£210,440	28% below HPI

15 GIDNEY DRIVE 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 15 GIDNEY DRIVE sales from March 2011 and October 2020 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 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 15 GIDNEY DRIVE be worth now?

15 GIDNEY DRIVE might now be worth an estimated £308,645.

This is based on house price inflation of 12.2%, between October 2020 and August 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 12.2% inflationary increase is applied to the most recent sale price for 15 GIDNEY DRIVE of £275,000 on 23rd October 2020. For the value to have increased from £275,000 to £308,645 over the five years and two months to August 2025, the following assumptions must hold true:

• The value of 15 GIDNEY DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The October 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GIDNEY DRIVE has not materially changed since October 2020.

How Large is 15 GIDNEY DRIVE?

15 GIDNEY DRIVE is 70m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% 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 15 GIDNEY DRIVE lies on this distribution: 22% of detached houses houses are smaller than 15 GIDNEY DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Heacham.

15 GIDNEY DRIVE: Plot and Title Map

15 GIDNEY DRIVE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 15 GIDNEY DRIVE, 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 15 GIDNEY DRIVE). 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 15 GIDNEY DRIVE?

15 GIDNEY DRIVE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 15 on GIDNEY DRIVE.