13, VICTORY ROAD, DOWNHAM MARKET, PE38 9RU - £241,000

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 VICTORY ROAD is a very small extended detached house of 67m², built sometime between 1967 and 1975. It was last sold for £241,000 in June 2023, which was around 34% below the average June 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

13 VICTORY ROAD Sold Prices

Land registry data shows seven sales for 13 VICTORY ROAD since 1^st January 1995. The below table shows the price paid for the seven 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 seven 13 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
2023 16 JUN	£241,000	£363,024	34% below HPI
2021 17 DEC	£241,000	£336,769	28% below HPI
2018 23 FEB	£199,000	£281,121	29% below HPI
2005 15 JUL	£149,000	£200,070	26% below HPI
2004 3 JUN	£149,950	£177,217	15% below HPI
2000 29 SEP	£80,000	£95,971	17% below HPI
1996 26 JAN	£43,000	£58,935	27% below HPI

13 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 seven 13 VICTORY ROAD sales between January 1996 and June 2023 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 December 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 13 VICTORY ROAD?

13 VICTORY ROAD is 67m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% 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 VICTORY ROAD lies on this distribution: 16% of detached houses are smaller than 13 VICTORY ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

13 VICTORY ROAD: Plot and Title Map

13 VICTORY ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 13 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 13 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 13 VICTORY ROAD?

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