14, SHORT DROVE, DOWNHAM MARKET, PE38 9PT - £240,000

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

14 SHORT DROVE is a very large extended detached house of 171m², built sometime between 1996 and 2002. It was last sold for £240,000 in May 2011, which was around 22% above the average May 2011 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

14 SHORT DROVE Sold Prices

Land registry data shows two sales for 14 SHORT DROVE 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 14 SHORT DROVE 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
2011 11 MAY	£240,000	£197,115	22% above HPI
2004 13 JAN	£249,000	£163,705	52% above HPI

14 SHORT DROVE 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 14 SHORT DROVE sales from January 2004 and May 2011 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 January 2004 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the May 2011 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 14 SHORT DROVE?

14 SHORT DROVE is 171m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 14 SHORT DROVE lies on this distribution: 95% of detached houses are smaller than 14 SHORT DROVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

14 SHORT DROVE: Plot and Title Map

14 SHORT DROVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 14 SHORT DROVE, 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 14 SHORT DROVE). 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 14 SHORT DROVE?

14 SHORT DROVE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 14 on SHORT DROVE.