1, STONECROSS ROAD, DOWNHAM MARKET, PE38 9LS - £310,000

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 STONECROSS ROAD is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £310,000 in March 2023, which was around 16% below the average March 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

1 STONECROSS ROAD Sold Prices

Land registry data shows four sales for 1 STONECROSS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the four 1 STONECROSS 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
2023 9 MAR	£310,000	£366,939	16% below HPI
2021 15 JAN	£217,500	£311,237	30% below HPI
2015 9 SEP	£170,000	£245,944	31% below HPI
2003 12 SEP	£102,056	£165,128	38% below HPI

1 STONECROSS 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 four 1 STONECROSS ROAD sales between September 2003 and March 2023 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 January 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 STONECROSS ROAD?

1 STONECROSS ROAD is 70m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% 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 STONECROSS ROAD lies on this distribution: 19% of detached houses are smaller than 1 STONECROSS ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

1 STONECROSS ROAD: Plot and Title Map

1 STONECROSS ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 STONECROSS 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 STONECROSS 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 STONECROSS ROAD?

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