1, ADMIRALTY CLOSE, DOWNHAM MARKET, PE38 9SP - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ADMIRALTY CLOSE is a large detached house of 110m², built sometime between 1976 and 1982. It was last sold for £325,000 in December 2016, which was around 23% above the average December 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

1 ADMIRALTY CLOSE Sold Prices

Land registry data shows two sales for 1 ADMIRALTY CLOSE 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. One of the two 1 ADMIRALTY CLOSE sales was for above the average price, whilst the other was 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
2016 9 DEC	£325,000	£265,095	23% above HPI
2015 4 SEP	£205,000	£245,944	17% below HPI

1 ADMIRALTY 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 two 1 ADMIRALTY CLOSE sales from September 2015 and December 2016 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 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 1 ADMIRALTY CLOSE?

1 ADMIRALTY CLOSE is 110m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Downham Market, and where 1 ADMIRALTY CLOSE lies on this distribution: 63% of detached houses are smaller than 1 ADMIRALTY CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

1 ADMIRALTY CLOSE: Plot and Title Map

1 ADMIRALTY CLOSE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 1 ADMIRALTY 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 1 ADMIRALTY 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 1 ADMIRALTY CLOSE?

1 ADMIRALTY CLOSE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 1 on ADMIRALTY CLOSE.