1, HOLKHAM CLOSE, DOWNHAM MARKET, PE38 9TP - £166,000

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 HOLKHAM CLOSE is a very large detached house of 199m², built sometime between 1996 and 2002, which could now be worth an estimated £288,841. It was last sold for £166,000 in May 2013, which was around 21% below the average May 2013 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 C, and the potential energy rating was B.

1 HOLKHAM CLOSE Sold Prices

Land registry data shows two sales for 1 HOLKHAM 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 HOLKHAM CLOSE sales was for below the average price, whilst the other 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
2013 29 MAY	£166,000	£210,758	21% below HPI
2000 16 JUN	£99,500	£94,937	5% above HPI

1 HOLKHAM 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 HOLKHAM CLOSE sales from June 2000 and May 2013 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 June 2000 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 HOLKHAM CLOSE be worth now?

1 HOLKHAM CLOSE might now be worth an estimated £288,841.

This is based on house price inflation of 74%, between May 2013 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 74% inflationary increase is applied to the most recent sale price for 1 HOLKHAM CLOSE of £166,000 on 29th May 2013. For the value to have increased from £166,000 to £288,841 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 1 HOLKHAM CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2013 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOLKHAM CLOSE has not materially changed since May 2013.

How Large is 1 HOLKHAM CLOSE?

1 HOLKHAM CLOSE is 199m² according to the EPC inspection conducted in March 2015. This puts it in the largest 10% 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 HOLKHAM CLOSE lies on this distribution: 97% of detached houses houses are smaller than 1 HOLKHAM CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

1 HOLKHAM CLOSE: Plot and Title Map

1 HOLKHAM CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 1 HOLKHAM 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 HOLKHAM 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 HOLKHAM CLOSE?

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