1, NURSERY ROAD, DOWNHAM MARKET, PE38 9PF - £167,500

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 NURSERY ROAD is a very small detached house of 50m², built sometime between 1950 and 1966. It was last sold for £167,500 in October 2019, which was around 43% below the average October 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

1 NURSERY ROAD Sold Prices

Land registry data shows two sales for 1 NURSERY ROAD 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 NURSERY ROAD 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
2019 2 OCT	£167,500	£294,723	43% below HPI
1995 14 AUG	£44,750	£58,857	24% below HPI

1 NURSERY ROAD 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 NURSERY ROAD sales from August 1995 and October 2019 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 August 1995 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 1 NURSERY ROAD?

1 NURSERY ROAD is 50m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 NURSERY ROAD lies on this distribution: 1% of detached houses are smaller than 1 NURSERY ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

1 NURSERY ROAD: Plot and Title Map

1 NURSERY ROAD sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 1 NURSERY ROAD, 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 NURSERY ROAD). 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 NURSERY ROAD?

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