3, SEA CLOSE, HEACHAM, KING'S LYNN, PE31 7AX - £160,000

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.

3 SEA CLOSE is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £185,074. It was last sold for £160,000 in January 2021, which was around 23% below the average January 2021 semi-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 E, and the potential energy rating was C.

3 SEA CLOSE Sold Prices

Land registry data shows three sales for 3 SEA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 3 SEA 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
2021 29 JAN	£160,000	£208,214	23% below HPI
2002 9 SEP	£55,000	£89,504	39% below HPI
1996 22 NOV	£23,000	£41,240	44% below HPI

3 SEA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The three 3 SEA CLOSE sales between November 1996 and January 2021 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 September 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 SEA CLOSE be worth now?

3 SEA CLOSE might now be worth an estimated £185,074.

This is based on house price inflation of 15.7%, between January 2021 and August 2025, for semi-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 15.7% inflationary increase is applied to the most recent sale price for 3 SEA CLOSE of £160,000 on 29th January 2021. For the value to have increased from £160,000 to £185,074 over the three years and five months to August 2025, the following assumptions must hold true:

• The value of 3 SEA CLOSE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The January 2021 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SEA CLOSE has not materially changed since January 2021.

How Large is 3 SEA CLOSE?

3 SEA CLOSE is 55m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of semi-detached houses houses in Heacham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Heacham, and where 3 SEA CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 3 SEA CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Heacham.

3 SEA CLOSE: Plot and Title Map

3 SEA CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 3 SEA 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 3 SEA 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 3 SEA CLOSE?

3 SEA CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 3 on SEA CLOSE.