3, THE BROADWAY, HEACHAM, KING'S LYNN, PE31 7DF - £400,000

3 THE BROADWAY is a very large extended detached house of 200m², built sometime between 1900 and 1929. It was last sold for £400,000 in December 2020, which was around 26% above the average December 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

3 THE BROADWAY Sold Prices

Land registry data shows three sales for 3 THE BROADWAY 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 3 THE BROADWAY sales were for above 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 18 DEC	£400,000	£316,520	26% above HPI
2014 7 NOV	£295,000	£231,016	28% above HPI
1998 25 SEP	£125,000	£74,584	68% above HPI

3 THE BROADWAY 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 3 THE BROADWAY sales between September 1998 and December 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 November 2014 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 THE BROADWAY?

3 THE BROADWAY is 200m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 3 THE BROADWAY lies on this distribution: 95% of detached houses are smaller than 3 THE BROADWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Heacham.

3 THE BROADWAY: Plot and Title Map

3 THE BROADWAY sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 3 THE BROADWAY, 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 THE BROADWAY). 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 THE BROADWAY?

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