11, BELSIZE CLOSE, DOWNHAM MARKET, PE38 9TD - £260,000

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

11 BELSIZE CLOSE is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £260,000 in March 2022, which was around 25% below the average March 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

11 BELSIZE CLOSE Sold Prices

Land registry data shows two sales for 11 BELSIZE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 11 BELSIZE 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
2022 10 MAR	£260,000	£344,475	25% below HPI
2016 29 MAR	£172,500	£255,469	32% below HPI

11 BELSIZE 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 two 11 BELSIZE CLOSE sales from March 2016 and March 2022 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 March 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 11 BELSIZE CLOSE?

11 BELSIZE CLOSE is 62m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% 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 11 BELSIZE CLOSE lies on this distribution: 12% of detached houses are smaller than 11 BELSIZE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

11 BELSIZE CLOSE: Plot and Title Map

11 BELSIZE CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 11 BELSIZE 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 11 BELSIZE 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 11 BELSIZE CLOSE?

11 BELSIZE CLOSE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 11 on BELSIZE CLOSE.