10, SHELLEY CLOSE, DOWNHAM MARKET, PE38 9QR - £144,000

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 SHELLEY CLOSE is a small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £243,512. It was last sold for £144,000 in September 2013, which was around 34% below the average September 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

10 SHELLEY CLOSE Sold Prices

Land registry data shows three sales for 10 SHELLEY 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. All of the three 10 SHELLEY CLOSE 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
2013 26 SEP	£144,000	£216,859	34% below HPI
2009 22 DEC	£140,500	£201,043	30% below HPI
2007 4 JUN	£154,000	£219,290	30% below HPI

10 SHELLEY 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 SHELLEY CLOSE sales between June 2007 and September 2013 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 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2013 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 10 SHELLEY CLOSE be worth now?

10 SHELLEY CLOSE might now be worth an estimated £243,512.

This is based on house price inflation of 69.1%, between September 2013 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 69.1% inflationary increase is applied to the most recent sale price for 10 SHELLEY CLOSE of £144,000 on 26th September 2013. For the value to have increased from £144,000 to £243,512 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 SHELLEY CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2013 sale price of £144,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SHELLEY CLOSE has not materially changed since September 2013.

How Large is 10 SHELLEY CLOSE?

10 SHELLEY CLOSE is 79m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% 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 SHELLEY CLOSE lies on this distribution: 31% of detached houses houses are smaller than 10 SHELLEY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

10 SHELLEY CLOSE: Plot and Title Map

10 SHELLEY CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 10 SHELLEY 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 SHELLEY 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 SHELLEY CLOSE?

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