1, HAMILTON WAY, DOWNHAM MARKET, PE38 9SR - £239,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 HAMILTON WAY is a small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £298,766. It was last sold for £239,500 in July 2018, which was around 19% below the average July 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

1 HAMILTON WAY Sold Prices

Land registry data shows two sales for 1 HAMILTON WAY 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 1 HAMILTON 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
2018 30 JUL	£239,500	£293,974	19% below HPI
2008 7 JUL	£179,995	£222,360	19% below HPI

1 HAMILTON 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 two 1 HAMILTON WAY sales from July 2008 and July 2018 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 July 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2018 sale, which was also at 19% below the HPI.

What might 1 HAMILTON WAY be worth now?

1 HAMILTON WAY might now be worth an estimated £298,766.

This is based on house price inflation of 24.7%, between July 2018 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 1 HAMILTON WAY of £239,500 on 30th July 2018. For the value to have increased from £239,500 to £298,766 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 1 HAMILTON WAY has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2018 sale price of £239,500 represented a fair market value for the property.
• The size, condition, and specification of 1 HAMILTON WAY has not materially changed since July 2018.

How Large is 1 HAMILTON WAY?

1 HAMILTON WAY is 75m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where 1 HAMILTON WAY lies on this distribution: 24% of detached houses houses are smaller than 1 HAMILTON WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

1 HAMILTON WAY: Plot and Title Map

1 HAMILTON WAY sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 1 HAMILTON 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 HAMILTON 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 HAMILTON WAY?

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