13, PALMER WAY, DOWNHAM MARKET, PE38 9UY - £197,000

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

13 PALMER WAY is a midsized detached house of 101m², built sometime between 2003 and 2006. It was last sold for £197,000 in August 2008, which was around 8% below the average August 2008 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

13 PALMER WAY Sold Prices

Land registry data shows two sales for 13 PALMER WAY 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 13 PALMER WAY 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
2008 29 AUG	£197,000	£214,757	8% below HPI
2004 18 OCT	£181,795	£186,646	3% below HPI

13 PALMER WAY 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 13 PALMER WAY sales from October 2004 and August 2008 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 October 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2008 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 13 PALMER WAY?

13 PALMER WAY is 101m² according to the EPC inspection conducted in October 2014. This puts it in the largest 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 13 PALMER WAY lies on this distribution: 54% of detached houses are smaller than 13 PALMER WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

13 PALMER WAY: Plot and Title Map

13 PALMER WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 13 PALMER WAY, 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 13 PALMER WAY). 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 13 PALMER WAY?

13 PALMER WAY is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 13 on PALMER WAY.