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

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

10 POWERS PLACE is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £250,000 in July 2020, which was around 16% 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	£298,565	16% below HPI
2011 7 DEC	£160,000	£207,521	23% below HPI
2007 17 JUL	£177,500	£216,236	18% below HPI
1998 11 MAR	£56,500	£69,841	19% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

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 20% of detached houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses by size in Hilgay, and where 10 POWERS PLACE lies on this distribution: 19% of detached houses are smaller than 10 POWERS PLACE, and 81% 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.