57, RECREATION DRIVE, SOUTHERY, DOWNHAM MARKET, PE38 0NB - £225,000

57 RECREATION DRIVE is a midsized extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £225,000 in May 2020, which was around 24% below the average May 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

57 RECREATION DRIVE Sold Prices

Land registry data shows two sales for 57 RECREATION DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 57 RECREATION DRIVE 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 29 MAY	£225,000	£294,210	24% below HPI
2007 25 MAY	£185,000	£210,531	12% below HPI

57 RECREATION DRIVE 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 two 57 RECREATION DRIVE sales from May 2007 and May 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 May 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 57 RECREATION DRIVE?

57 RECREATION DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 50% of detached houses in Southery, based on EPC data. The below chart shows the distribution of detached houses by size in Southery, and where 57 RECREATION DRIVE lies on this distribution: 44% of detached houses are smaller than 57 RECREATION DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Southery.

57 RECREATION DRIVE: Plot and Title Map

57 RECREATION DRIVE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 57 RECREATION DRIVE, 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 57 RECREATION DRIVE). 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 57 RECREATION DRIVE?

57 RECREATION DRIVE is located in SOUTHERY, in the PE38 postcode district. The below map shows the position of No. 57 on RECREATION DRIVE.