1, SWAN TERRACE, DOWNHAM MARKET, PE38 9HD - £235,000

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 SWAN TERRACE is a very large extended detached house of 136m², built sometime between 2003 and 2006. It was last sold for £235,000 in July 2015, which was around 3% below the average July 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

1 SWAN TERRACE Sold Prices

Land registry data shows three sales for 1 SWAN TERRACE since 1^st January 1995. The below table shows the price paid for the three 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 three 1 SWAN TERRACE 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
2015 15 JUL	£235,000	£241,060	3% below HPI
2007 28 AUG	£203,000	£220,747	8% below HPI
2005 15 DEC	£180,000	£197,755	9% below HPI

1 SWAN TERRACE 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 three 1 SWAN TERRACE sales between December 2005 and July 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 August 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2015 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 SWAN TERRACE?

1 SWAN TERRACE is 136m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 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 SWAN TERRACE lies on this distribution: 84% of detached houses are smaller than 1 SWAN TERRACE, and 15% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

1 SWAN TERRACE: Plot and Title Map

1 SWAN TERRACE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 1 SWAN TERRACE, 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 SWAN TERRACE). 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 SWAN TERRACE?

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