10, POWERS PLACE, HILGAY, DOWNHAM MARKET, PE38 0JT - £250,000

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 POWERS PLACE is a small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £298,812. It was last sold for £250,000 in July 2020, which was around 19% below the average July 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

10 POWERS PLACE Sold Prices

Land registry data shows four sales for 10 POWERS PLACE 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 10 POWERS PLACE 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
2020 31 JUL	£250,000	£306,815	19% below HPI
2011 7 DEC	£160,000	£213,256	25% below HPI
2007 17 JUL	£177,500	£222,211	20% below HPI
1998 11 MAR	£56,500	£71,771	21% below HPI

10 POWERS PLACE 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 10 POWERS PLACE sales between March 1998 and July 2020 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 December 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 10 POWERS PLACE be worth now?

10 POWERS PLACE might now be worth an estimated £298,812.

This is based on house price inflation of 19.5%, between July 2020 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 19.5% inflationary increase is applied to the most recent sale price for 10 POWERS PLACE of £250,000 on 31st July 2020. For the value to have increased from £250,000 to £298,812 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 10 POWERS PLACE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 10 POWERS PLACE has not materially changed since July 2020.

How Large is 10 POWERS PLACE?

10 POWERS PLACE is 80m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hilgay, and where 10 POWERS PLACE lies on this distribution: 20% of detached houses houses are smaller than 10 POWERS PLACE, and 80% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

10 POWERS PLACE: Plot and Title Map

10 POWERS PLACE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 10 POWERS PLACE, 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 POWERS PLACE). 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 POWERS PLACE?

10 POWERS PLACE is located in HILGAY, in the PE38 postcode district. The below map shows the position of No. 10 on POWERS PLACE.