12, PIEBALD CLOSE, DOWNHAM MARKET, PE38 9GR - £250,000

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

12 PIEBALD CLOSE is a small detached house of 77m², built sometime between 2007 and 2011. It was last sold for £250,000 in May 2024, which was around 28% below the average May 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

12 PIEBALD CLOSE Sold Prices

Land registry data shows three sales for 12 PIEBALD CLOSE 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 12 PIEBALD 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
2024 31 MAY	£250,000	£345,082	28% below HPI
2018 10 AUG	£197,500	£291,056	32% below HPI
2012 9 OCT	£150,000	£201,631	26% below HPI

12 PIEBALD 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 three 12 PIEBALD CLOSE sales between October 2012 and May 2024 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 August 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 PIEBALD CLOSE?

12 PIEBALD CLOSE is 77m² according to the EPC inspection conducted in June 2023. 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 12 PIEBALD CLOSE lies on this distribution: 29% of detached houses are smaller than 12 PIEBALD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

12 PIEBALD CLOSE: Plot and Title Map

12 PIEBALD CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 12 PIEBALD 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 12 PIEBALD 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 12 PIEBALD CLOSE?

12 PIEBALD CLOSE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 12 on PIEBALD CLOSE.