1, FINSBURY CLOSE, DOWNHAM MARKET, PE38 9TH - £265,000

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 FINSBURY CLOSE is a small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £265,000 in August 2022, which was around 28% below the average August 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

1 FINSBURY CLOSE Sold Prices

Land registry data shows three sales for 1 FINSBURY 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. Two of the three 1 FINSBURY CLOSE sales were for below the average price, whilst one was for above 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 30 AUG	£265,000	£369,609	28% below HPI
2009 23 DEC	£138,000	£195,637	29% below HPI
1995 24 MAY	£80,000	£61,005	31% above HPI

1 FINSBURY 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 1 FINSBURY CLOSE sales between May 1995 and August 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 December 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 FINSBURY CLOSE?

1 FINSBURY CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% 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 FINSBURY CLOSE lies on this distribution: 22% of detached houses are smaller than 1 FINSBURY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

1 FINSBURY CLOSE: Plot and Title Map

1 FINSBURY CLOSE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 1 FINSBURY 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 FINSBURY 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 FINSBURY CLOSE?

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