1, LAVENDER DRIVE, DOWNHAM MARKET, PE38 9UA - £154,950

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 LAVENDER DRIVE is a very small terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £227,364. It was last sold for £154,950 in March 2015, which was around 19% above the average March 2015 terraced price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

1 LAVENDER DRIVE Sold Prices

Land registry data shows two sales for 1 LAVENDER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 1 LAVENDER DRIVE sales were 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
2015 30 MAR	£154,950	£130,684	19% above HPI
2008 26 JUN	£152,000	£124,426	22% above HPI

1 LAVENDER DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 1 LAVENDER DRIVE sales from June 2008 and March 2015 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 2008 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2015 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 1 LAVENDER DRIVE be worth now?

1 LAVENDER DRIVE might now be worth an estimated £227,364.

This is based on house price inflation of 46.7%, between March 2015 and June 2025, for terraced 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 46.7% inflationary increase is applied to the most recent sale price for 1 LAVENDER DRIVE of £154,950 on 30th March 2015. For the value to have increased from £154,950 to £227,364 over the nine years and nine months to June 2025, the following assumptions must hold true:

• The value of 1 LAVENDER DRIVE has moved in line with the HPI for terraced houses in the King's Lynn and West Norfolk local authority area.
• The March 2015 sale price of £154,950 represented a fair market value for the property.
• The size, condition, and specification of 1 LAVENDER DRIVE has not materially changed since March 2015.

How Large is 1 LAVENDER DRIVE?

1 LAVENDER DRIVE is 58m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of terraced houses houses in Downham Market, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Downham Market, and where 1 LAVENDER DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 1 LAVENDER DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

1 LAVENDER DRIVE: Plot and Title Map

1 LAVENDER DRIVE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 1 LAVENDER DRIVE, 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 LAVENDER DRIVE). 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 LAVENDER DRIVE?

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