24, GYMKHANA WAY, HEACHAM, KING'S LYNN, PE31 7ST - £265,000

24 GYMKHANA WAY is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £265,000 in August 2022, which was around 28% below the average August 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

24 GYMKHANA WAY Sold Prices

Land registry data shows four sales for 24 GYMKHANA WAY since 1^st January 1995. The below table shows the price paid for the four 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 four 24 GYMKHANA WAY 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
2022 31 AUG	£265,000	£370,267	28% below HPI
2011 4 MAR	£157,500	£204,782	23% below HPI
2003 10 APR	£120,000	£148,357	19% below HPI
1995 14 AUG	£49,950	£58,857	15% below HPI

24 GYMKHANA WAY 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 four 24 GYMKHANA WAY sales between August 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 March 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 24 GYMKHANA WAY?

24 GYMKHANA WAY is 55m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 24 GYMKHANA WAY lies on this distribution: 4% of detached houses are smaller than 24 GYMKHANA WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Heacham.

24 GYMKHANA WAY: Plot and Title Map

24 GYMKHANA WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 24 GYMKHANA WAY, 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 24 GYMKHANA WAY). 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 24 GYMKHANA WAY?

24 GYMKHANA WAY is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 24 on GYMKHANA WAY.