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
107 WIMBOTSHAM ROAD is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £205,000 in February 2021, which was around 35% below the average February 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 107 WIMBOTSHAM ROAD since 1st 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 107 WIMBOTSHAM 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 |
---|---|---|---|
2021 26 FEB | £205,000 | £313,276 | 35% below HPI |
2017 8 SEP | £175,000 | £282,891 | 38% below HPI |
2001 4 JUL | £82,000 | £105,508 | 22% below HPI |
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 107 WIMBOTSHAM ROAD sales between July 2001 and February 2021 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 September 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
107 WIMBOTSHAM ROAD is 59m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Downham Market, and where 107 WIMBOTSHAM ROAD lies on this distribution: 4% of detached houses are smaller than 107 WIMBOTSHAM ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Downham Market.
107 WIMBOTSHAM ROAD sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 107 WIMBOTSHAM 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 107 WIMBOTSHAM 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.
107 WIMBOTSHAM ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 107 on WIMBOTSHAM ROAD.