14, THE FIRS, DOWNHAM MARKET, PE38 9SJ - £212,000

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.

14 THE FIRS is a very small detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £258,330. It was last sold for £212,000 in July 2019, which was around 30% below the average July 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

14 THE FIRS Sold Prices

Land registry data shows three sales for 14 THE FIRS since 1^st January 1995. The below table shows the price paid for the three 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 three 14 THE FIRS 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
2019 5 JUL	£212,000	£300,951	30% below HPI
2015 31 JUL	£178,000	£247,721	28% below HPI
2014 21 MAR	£146,000	£217,463	33% below HPI

14 THE FIRS 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 three 14 THE FIRS sales between March 2014 and July 2019 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 July 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 14 THE FIRS be worth now?

14 THE FIRS might now be worth an estimated £258,330.

This is based on house price inflation of 21.9%, between July 2019 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 21.9% inflationary increase is applied to the most recent sale price for 14 THE FIRS of £212,000 on 5th July 2019. For the value to have increased from £212,000 to £258,330 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 14 THE FIRS has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2019 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE FIRS has not materially changed since July 2019.

How Large is 14 THE FIRS?

14 THE FIRS is 68m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% 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 14 THE FIRS lies on this distribution: 17% of detached houses houses are smaller than 14 THE FIRS, and 82% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

14 THE FIRS: Plot and Title Map

14 THE FIRS sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of 14 THE FIRS, 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 THE FIRS). 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 THE FIRS?

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