10, TOWER ROAD, HILGAY, DOWNHAM MARKET, PE38 0JS - £66,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 TOWER ROAD is a very small detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £273,443. It was last sold for £66,000 in April 2000, which was around 25% below the average April 2000 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

10 TOWER ROAD Sold Prices

Land registry data shows three sales for 10 TOWER ROAD 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 TOWER ROAD 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
2000 11 APR	£66,000	£88,514	25% below HPI
1998 5 JUN	£51,500	£75,500	32% below HPI
1996 20 SEP	£47,000	£65,553	28% below HPI

10 TOWER ROAD 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 TOWER ROAD sales between September 1996 and April 2000 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 June 1998 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2000 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 10 TOWER ROAD be worth now?

10 TOWER ROAD might now be worth an estimated £273,443.

This is based on house price inflation of 314.3%, between April 2000 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 314.3% inflationary increase is applied to the most recent sale price for 10 TOWER ROAD of £66,000 on 11th April 2000. For the value to have increased from £66,000 to £273,443 over the 25 years and two months to February 2025, the following assumptions must hold true:

• The value of 10 TOWER ROAD has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The April 2000 sale price of £66,000 represented a fair market value for the property.
• The size, condition, and specification of 10 TOWER ROAD has not materially changed since April 2000.

How Large is 10 TOWER ROAD?

10 TOWER ROAD is 58m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 TOWER ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 10 TOWER ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

10 TOWER ROAD: Plot and Title Map

10 TOWER ROAD sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 10 TOWER ROAD, 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 TOWER ROAD). 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 TOWER ROAD?

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