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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 SHELLEY CLOSE is a small extended semi-detached house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £242,524. It was last sold for £177,500 in February 2017, which was around 1% below the average February 2017 semi-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 semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five 11 SHELLEY CLOSE sales were for above 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	£178,919	1% below HPI
2012 6 JAN	£142,000	£139,809	2% above HPI
2007 17 AUG	£158,000	£152,434	4% above HPI
2006 17 NOV	£148,000	£144,384	3% above HPI
2001 11 SEP	£91,500	£70,427	30% above HPI

11 SHELLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 11 SHELLEY CLOSE be worth now?

11 SHELLEY CLOSE might now be worth an estimated £242,524.

This is based on house price inflation of 36.6%, between February 2017 and February 2025, for semi-detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.6% inflationary increase is applied to the most recent sale price for 11 SHELLEY CLOSE of £177,500 on 14th February 2017. For the value to have increased from £177,500 to £242,524 over the eight years to February 2025, the following assumptions must hold true:

• The value of 11 SHELLEY CLOSE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2017 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 11 SHELLEY CLOSE has not materially changed since February 2017.

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 semi-detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Downham Market, and where 11 SHELLEY CLOSE lies on this distribution: 21% of semi-detached houses 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.