10, MASEFIELD DRIVE, DOWNHAM MARKET, PE38 9TS - £340,000

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.

10 MASEFIELD DRIVE is a midsized extended detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £326,529. It was last sold for £340,000 in September 2023, which was around 11% below the average September 2023 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 C.

10 MASEFIELD DRIVE Sold Prices

Land registry data shows three sales for 10 MASEFIELD DRIVE 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. Two of the three 10 MASEFIELD DRIVE sales were for below the average price, whilst one was 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
2023 12 SEP	£340,000	£381,849	11% below HPI
2020 24 JAN	£240,000	£300,298	20% below HPI
2000 10 MAR	£112,000	£86,100	30% above HPI

10 MASEFIELD DRIVE 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 MASEFIELD DRIVE sales between March 2000 and September 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 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 10 MASEFIELD DRIVE be worth now?

10 MASEFIELD DRIVE might now be worth an estimated £326,529.

This is based on house price deflation of 4%, between September 2023 and February 2025, for detached 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 4% deflationary decrease is applied to the most recent sale price for 10 MASEFIELD DRIVE of £340,000 on 12th September 2023. For the value to have decreased from £340,000 to £326,529 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 MASEFIELD DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2023 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MASEFIELD DRIVE has not materially changed since September 2023.

How Large is 10 MASEFIELD DRIVE?

10 MASEFIELD DRIVE is 104m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where 10 MASEFIELD DRIVE lies on this distribution: 57% of detached houses houses are smaller than 10 MASEFIELD DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

10 MASEFIELD DRIVE: Plot and Title Map

10 MASEFIELD DRIVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 10 MASEFIELD 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 10 MASEFIELD 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 10 MASEFIELD DRIVE?

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