120, BEXWELL ROAD, DOWNHAM MARKET, PE38 9LJ - £425,000

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

120 BEXWELL ROAD is a very small extended detached house of 56m², built sometime between 1930 and 1949. It was last sold for £425,000 in May 2021, which was around 35% above the average May 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

120 BEXWELL ROAD Sold Prices

Land registry data shows two sales for 120 BEXWELL 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. One of the two 120 BEXWELL ROAD sales was for above the average price, whilst the other was 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
2021 18 MAY	£425,000	£315,796	35% above HPI
2020 6 APR	£140,000	£290,540	52% below HPI

120 BEXWELL 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 120 BEXWELL ROAD sales from April 2020 and May 2021 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 April 2020 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 120 BEXWELL ROAD?

120 BEXWELL ROAD is 56m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 120 BEXWELL ROAD lies on this distribution: 2% of detached houses are smaller than 120 BEXWELL ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

120 BEXWELL ROAD: Plot and Title Map

120 BEXWELL ROAD sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 120 BEXWELL 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 120 BEXWELL 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 120 BEXWELL ROAD?

120 BEXWELL ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 120 on BEXWELL ROAD.