4, NEW ROW, HEACHAM, KING'S LYNN, PE31 7ES - £198,500

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.

4 NEW ROW is a very small extended semi-detached house of 62m², built sometime before 1900, which could now be worth an estimated £238,159. It was last sold for £198,500 in September 2020, which was around 3% below the average September 2020 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

4 NEW ROW Sold Prices

Land registry data shows two sales for 4 NEW ROW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 4 NEW ROW 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 21 SEP	£198,500	£203,754	3% below HPI
1995 31 OCT	£34,250	£37,723	9% below HPI

4 NEW ROW 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 two 4 NEW ROW sales from October 1995 and September 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 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 4 NEW ROW be worth now?

4 NEW ROW might now be worth an estimated £238,159.

This is based on house price inflation of 20%, between September 2020 and February 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 20% inflationary increase is applied to the most recent sale price for 4 NEW ROW of £198,500 on 21st September 2020. For the value to have increased from £198,500 to £238,159 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 NEW ROW has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2020 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 4 NEW ROW has not materially changed since September 2020.

How Large is 4 NEW ROW?

4 NEW ROW is 62m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% 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 4 NEW ROW lies on this distribution: 11% of semi-detached houses houses are smaller than 4 NEW ROW, and 88% of houses are larger. Note that EPC data is not available for all properties in Heacham.

4 NEW ROW: Plot and Title Map

4 NEW ROW sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 4 NEW ROW, 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 4 NEW ROW). 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 4 NEW ROW?

4 NEW ROW is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 4 on NEW ROW.