1, CHURCH LANE, SOUTHERY, DOWNHAM MARKET, PE38 0NE - £380,000

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 CHURCH LANE is a large detached house of 129m², built sometime between 1967 and 1975. It was last sold for £380,000 in January 2022, which was around 11% above the average January 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

1 CHURCH LANE Sold Prices

Land registry data shows two sales for 1 CHURCH LANE 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 CHURCH LANE 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
2022 7 JAN	£380,000	£342,794	11% above HPI
2020 9 MAR	£240,000	£286,391	16% below HPI

1 CHURCH LANE 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 CHURCH LANE sales from March 2020 and January 2022 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 March 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 1 CHURCH LANE?

1 CHURCH LANE is 129m² according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses in Southery, based on EPC data. The below chart shows the distribution of detached houses by size in Southery, and where 1 CHURCH LANE lies on this distribution: 65% of detached houses are smaller than 1 CHURCH LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Southery.

1 CHURCH LANE: Plot and Title Map

1 CHURCH LANE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 1 CHURCH LANE, 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 CHURCH LANE). 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 CHURCH LANE?

1 CHURCH LANE is located in SOUTHERY, in the PE38 postcode district. The below map shows the position of No. 1 on CHURCH LANE.