131, BROOMHILL, DOWNHAM MARKET, PE38 9QU - £475,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

131 BROOMHILL is a very large extended detached house of 134m², built sometime between 1930 and 1949. It was last sold for £475,000 in July 2022, which was around 32% above the average July 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

131 BROOMHILL Sold Prices

Land registry data shows two sales for 131 BROOMHILL 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 131 BROOMHILL 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
2022 22 JUL	£475,000	£361,207	32% above HPI
2021 17 JUN	£385,000	£321,785	20% above HPI

131 BROOMHILL 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 131 BROOMHILL sales from June 2021 and July 2022 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 2021 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 131 BROOMHILL?

131 BROOMHILL is 134m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 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 131 BROOMHILL lies on this distribution: 84% of detached houses are smaller than 131 BROOMHILL, and 16% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

131 BROOMHILL: Plot and Title Map

131 BROOMHILL sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of 131 BROOMHILL, 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 131 BROOMHILL). 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 131 BROOMHILL?

131 BROOMHILL is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 131 on BROOMHILL.