8, DIX CLOSE, HEACHAM, KING'S LYNN, PE31 7SJ - £185,000

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.

8 DIX CLOSE is a very small detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £255,081. It was last sold for £185,000 in November 2015, which was around 28% below the average November 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

8 DIX CLOSE Sold Prices

Land registry data shows three sales for 8 DIX 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 8 DIX 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
2015 26 NOV	£185,000	£257,435	28% below HPI
2001 21 SEP	£91,500	£114,526	20% below HPI
1998 27 JAN	£59,950	£73,731	19% below HPI

8 DIX 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 8 DIX CLOSE sales between January 1998 and November 2015 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 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 DIX CLOSE be worth now?

8 DIX CLOSE might now be worth an estimated £255,081.

This is based on house price inflation of 37.9%, between November 2015 and June 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 37.9% inflationary increase is applied to the most recent sale price for 8 DIX CLOSE of £185,000 on 26th November 2015. For the value to have increased from £185,000 to £255,081 over the ten years and five months to June 2025, the following assumptions must hold true:

• The value of 8 DIX CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2015 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DIX CLOSE has not materially changed since November 2015.

How Large is 8 DIX CLOSE?

8 DIX CLOSE is 59m² according to the EPC inspection conducted in June 2015. 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 8 DIX CLOSE lies on this distribution: 7% of detached houses houses are smaller than 8 DIX CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Heacham.

8 DIX CLOSE: Plot and Title Map

8 DIX CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 8 DIX 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 8 DIX 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 8 DIX CLOSE?

8 DIX CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 8 on DIX CLOSE.