16, STAINSBY CLOSE, HEACHAM, KING'S LYNN, PE31 7BP - £173,000

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.

16 STAINSBY CLOSE is a very small detached house of 48m², built sometime between 1967 and 1975, which could now be worth an estimated £308,362. It was last sold for £173,000 in September 2011, which was around 14% below the average September 2011 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

16 STAINSBY CLOSE Sold Prices

Land registry data shows three sales for 16 STAINSBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 16 STAINSBY 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
2011 13 SEP	£173,000	£201,501	14% below HPI
2004 24 NOV	£176,000	£189,267	7% below HPI
1999 10 SEP	£64,000	£88,193	27% below HPI

16 STAINSBY 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 three 16 STAINSBY CLOSE sales between September 1999 and September 2011 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 November 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2011 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 16 STAINSBY CLOSE be worth now?

16 STAINSBY CLOSE might now be worth an estimated £308,362.

This is based on house price inflation of 78.2%, between September 2011 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 78.2% inflationary increase is applied to the most recent sale price for 16 STAINSBY CLOSE of £173,000 on 13th September 2011. For the value to have increased from £173,000 to £308,362 over the fourteen years and one month to August 2025, the following assumptions must hold true:

• The value of 16 STAINSBY CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2011 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 16 STAINSBY CLOSE has not materially changed since September 2011.

How Large is 16 STAINSBY CLOSE?

16 STAINSBY CLOSE is 48m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% 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 16 STAINSBY CLOSE lies on this distribution: 1% of detached houses houses are smaller than 16 STAINSBY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Heacham.

16 STAINSBY CLOSE: Plot and Title Map

16 STAINSBY CLOSE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 16 STAINSBY 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 16 STAINSBY 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 16 STAINSBY CLOSE?

16 STAINSBY CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 16 on STAINSBY CLOSE.