11, SHELLEY CLOSE, DOWNHAM MARKET, PE38 9QR - £177,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

11 SHELLEY CLOSE is a small extended semi-detached house of 72m², built sometime between 2003 and 2006. It was last sold for £177,500 in February 2017, which was around 34% below the average February 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

11 SHELLEY CLOSE Sold Prices

Land registry data shows five sales for 11 SHELLEY CLOSE 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. All of the five 11 SHELLEY 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
2017 14 FEB	£177,500	£268,219	34% below HPI
2012 6 JAN	£142,000	£206,552	31% below HPI
2007 17 AUG	£158,000	£220,747	28% below HPI
2006 17 NOV	£148,000	£209,542	29% below HPI
2001 11 SEP	£91,500	£111,447	18% below HPI

11 SHELLEY 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 five 11 SHELLEY CLOSE sales between September 2001 and February 2017 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 January 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 11 SHELLEY CLOSE?

11 SHELLEY CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in March 2021. 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 SHELLEY CLOSE lies on this distribution: 21% of detached houses are smaller than 11 SHELLEY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

11 SHELLEY CLOSE: Plot and Title Map

11 SHELLEY CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 11 SHELLEY 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 SHELLEY 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 SHELLEY CLOSE?

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