11, SPRUCE ROAD, DOWNHAM MARKET, PE38 9PJ - £168,000

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 SPRUCE ROAD is a large extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £168,000 in March 2004, which was around 1% above the average March 2004 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

11 SPRUCE ROAD Sold Prices

Land registry data shows two sales for 11 SPRUCE ROAD 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 SPRUCE ROAD 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
2004 15 MAR	£168,000	£167,041	1% above HPI
2001 26 JAN	£115,000	£99,089	16% above HPI

11 SPRUCE 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 two 11 SPRUCE ROAD sales from January 2001 and March 2004 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 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2004 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 11 SPRUCE ROAD?

11 SPRUCE ROAD is 111m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 SPRUCE ROAD lies on this distribution: 64% of detached houses are smaller than 11 SPRUCE ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

11 SPRUCE ROAD: Plot and Title Map

11 SPRUCE ROAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 11 SPRUCE 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 SPRUCE 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 SPRUCE ROAD?

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