15, JENNINGS CLOSE, HEACHAM, KING'S LYNN, PE31 7SU - £98,500

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 JENNINGS CLOSE is a very small terraced house of 30m², built sometime between 1996 and 2002, which could now be worth an estimated £120,994. It was last sold for £98,500 in February 2020, which was around 38% below the average February 2020 terraced price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was A.

15 JENNINGS CLOSE Sold Prices

Land registry data shows two sales for 15 JENNINGS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 15 JENNINGS 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
2020 14 FEB	£98,500	£159,623	38% below HPI
2014 29 OCT	£80,000	£128,673	38% below HPI

15 JENNINGS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 15 JENNINGS CLOSE sales from October 2014 and February 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 October 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2020 sale, which was also at 38% below the HPI.

What might 15 JENNINGS CLOSE be worth now?

15 JENNINGS CLOSE might now be worth an estimated £120,994.

This is based on house price inflation of 22.8%, between February 2020 and August 2025, for terraced 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 22.8% inflationary increase is applied to the most recent sale price for 15 JENNINGS CLOSE of £98,500 on 14th February 2020. For the value to have increased from £98,500 to £120,994 over the four years and six months to August 2025, the following assumptions must hold true:

• The value of 15 JENNINGS CLOSE has moved in line with the HPI for terraced houses in the King's Lynn and West Norfolk local authority area.
• The February 2020 sale price of £98,500 represented a fair market value for the property.
• The size, condition, and specification of 15 JENNINGS CLOSE has not materially changed since February 2020.

How Large is 15 JENNINGS CLOSE?

15 JENNINGS CLOSE is 30m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of terraced houses houses in Heacham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heacham, and where 15 JENNINGS CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 JENNINGS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Heacham.

15 JENNINGS CLOSE: Plot and Title Map

15 JENNINGS CLOSE sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 15 JENNINGS 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 15 JENNINGS 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 15 JENNINGS CLOSE?

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