12, RAVENSWAY, DOWNHAM MARKET, PE38 0DB - £380,000

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 RAVENSWAY is a very large detached house of 156m², built sometime between 1991 and 1995. It was last sold for £380,000 in August 2019, which was around 28% above the average August 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

12 RAVENSWAY Sold Prices

Land registry data shows two sales for 12 RAVENSWAY 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 12 RAVENSWAY 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
2019 16 AUG	£380,000	£296,171	28% above HPI
1995 13 JAN	£102,000	£59,942	70% above HPI

12 RAVENSWAY 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 12 RAVENSWAY sales from January 1995 and August 2019 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 1995 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the August 2019 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 12 RAVENSWAY?

12 RAVENSWAY is 156m² according to the EPC inspection conducted in October 2018. This puts it in the largest 10% 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 RAVENSWAY lies on this distribution: 92% of detached houses are smaller than 12 RAVENSWAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

12 RAVENSWAY: Plot and Title Map

12 RAVENSWAY sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 12 RAVENSWAY, 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 RAVENSWAY). 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 RAVENSWAY?

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