11, MILTON WAY, DOWNHAM MARKET, PE38 9QS - £350,000

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 MILTON WAY is a very large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £350,000 in October 2023, which was around 5% below the average October 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

11 MILTON WAY Sold Prices

Land registry data shows five sales for 11 MILTON WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five 11 MILTON WAY 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
2023 30 OCT	£350,000	£369,606	5% below HPI
2016 21 DEC	£300,000	£265,095	13% above HPI
2004 25 AUG	£165,000	£185,175	11% below HPI
2004 17 FEB	£156,000	£168,582	7% below HPI
2001 21 DEC	£118,000	£116,684	1% above HPI

11 MILTON WAY 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 five 11 MILTON WAY sales between December 2001 and October 2023 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 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 MILTON WAY?

11 MILTON WAY is 131m² according to the EPC inspection conducted in August 2014. This puts it in the largest 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 MILTON WAY lies on this distribution: 82% of detached houses are smaller than 11 MILTON WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

11 MILTON WAY: Plot and Title Map

11 MILTON WAY sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 11 MILTON WAY, 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 MILTON WAY). 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 MILTON WAY?

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