124, BENNETT STREET, DOWNHAM MARKET, PE38 9GH - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

124 BENNETT STREET is a very large extended detached house of 189m², built sometime from 2007 onwards, which could now be worth an estimated £369,488. It was last sold for £325,000 in November 2020, which was around 1% above the average November 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

124 BENNETT STREET Sold Prices

Land registry data shows five sales for 124 BENNETT STREET since 1^st January 1995. The below table shows the price paid for the five 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 five 124 BENNETT STREET 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
2020 20 NOV	£325,000	£322,565	1% above HPI
2017 17 AUG	£312,500	£288,141	8% above HPI
2015 1 DEC	£277,500	£254,409	9% above HPI
2009 16 OCT	£232,500	£204,516	14% above HPI
2008 25 MAR	£250,000	£222,651	12% above HPI

124 BENNETT STREET 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 five 124 BENNETT STREET sales between March 2008 and November 2020 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 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 124 BENNETT STREET be worth now?

124 BENNETT STREET might now be worth an estimated £369,488.

This is based on house price inflation of 13.7%, between November 2020 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 124 BENNETT STREET of £325,000 on 20th November 2020. For the value to have increased from £325,000 to £369,488 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 124 BENNETT STREET has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 124 BENNETT STREET has not materially changed since November 2020.

How Large is 124 BENNETT STREET?

124 BENNETT STREET is 189m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where 124 BENNETT STREET lies on this distribution: 97% of detached houses houses are smaller than 124 BENNETT STREET, and 3% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

124 BENNETT STREET: Plot and Title Map

124 BENNETT STREET sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 124 BENNETT STREET, 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 124 BENNETT STREET). 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 124 BENNETT STREET?

124 BENNETT STREET is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 124 on BENNETT STREET.