12, VICTORY ROAD, DOWNHAM MARKET, PE38 9RU - £160,000

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 VICTORY ROAD is a midsized extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £160,000 in March 2012, which was around 19% below the average March 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

12 VICTORY ROAD Sold Prices

Land registry data shows two sales for 12 VICTORY 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 12 VICTORY ROAD 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
2012 14 MAR	£160,000	£196,428	19% below HPI
1999 4 JUN	£65,000	£77,832	16% below HPI

12 VICTORY 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 12 VICTORY ROAD sales from June 1999 and March 2012 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 June 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12 VICTORY ROAD?

12 VICTORY ROAD is 88m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 50% 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 VICTORY ROAD lies on this distribution: 42% of detached houses are smaller than 12 VICTORY ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

12 VICTORY ROAD: Plot and Title Map

12 VICTORY ROAD sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 12 VICTORY 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 12 VICTORY 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 12 VICTORY ROAD?

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