11, GRIMSHOE ROAD, DOWNHAM MARKET, PE38 9RA - £240,000

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 GRIMSHOE ROAD is a small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £240,000 in April 2021, which was around 25% below the average April 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

11 GRIMSHOE ROAD Sold Prices

Land registry data shows three sales for 11 GRIMSHOE 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 11 GRIMSHOE 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 29 APR	£240,000	£318,982	25% below HPI
2019 20 MAY	£245,000	£290,649	16% below HPI
2005 26 MAY	£159,000	£188,097	15% below HPI

11 GRIMSHOE 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 11 GRIMSHOE ROAD sales between May 2005 and April 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 May 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 11 GRIMSHOE ROAD?

11 GRIMSHOE ROAD is 76m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% 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 GRIMSHOE ROAD lies on this distribution: 26% of detached houses are smaller than 11 GRIMSHOE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

11 GRIMSHOE ROAD: Plot and Title Map

11 GRIMSHOE ROAD sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 11 GRIMSHOE 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 11 GRIMSHOE 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 11 GRIMSHOE ROAD?

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