10, FLAX CLOSE, DOWNHAM MARKET, PE38 9TL - £353,500

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

10 FLAX CLOSE is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £353,500 in March 2024, which was about the average March 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

10 FLAX CLOSE Sold Prices

Land registry data shows three sales for 10 FLAX CLOSE 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. The three 10 FLAX CLOSE sales were a mix of roughly equal to the average price, and 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
2024 19 MAR	£353,500	£353,998	Close to HPI
2022 20 NOV	£385,000	£378,645	2% above HPI
2004 21 MAY	£252,070	£170,835	48% above HPI

10 FLAX 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 three 10 FLAX CLOSE sales between May 2004 and March 2024 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 November 2022 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2024 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 10 FLAX CLOSE?

10 FLAX CLOSE is 102m² according to the EPC inspection conducted in June 2022. This puts it in the largest 50% 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 10 FLAX CLOSE lies on this distribution: 56% of detached houses are smaller than 10 FLAX CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

10 FLAX CLOSE: Plot and Title Map

10 FLAX CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 10 FLAX 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 10 FLAX 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 10 FLAX CLOSE?

10 FLAX CLOSE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 10 on FLAX CLOSE.