1, BROTHERCROSS WAY, DOWNHAM MARKET, PE38 9RF - £220,000

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 BROTHERCROSS WAY is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £220,000 in September 2020, which was around 27% below the average September 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

1 BROTHERCROSS WAY Sold Prices

Land registry data shows four sales for 1 BROTHERCROSS WAY since 1^st January 1995. The below table shows the price paid for the four 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 four 1 BROTHERCROSS WAY 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 17 SEP	£220,000	£302,504	27% below HPI
2017 24 FEB	£217,500	£268,219	19% below HPI
2016 10 JUN	£179,995	£250,494	28% below HPI
2001 22 AUG	£84,000	£107,883	22% below HPI

1 BROTHERCROSS WAY 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 four 1 BROTHERCROSS WAY sales between August 2001 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 February 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 BROTHERCROSS WAY?

1 BROTHERCROSS WAY is 60m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 BROTHERCROSS WAY lies on this distribution: 7% of detached houses are smaller than 1 BROTHERCROSS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

1 BROTHERCROSS WAY: Plot and Title Map

1 BROTHERCROSS WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 1 BROTHERCROSS WAY, 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 BROTHERCROSS WAY). 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 BROTHERCROSS WAY?

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