15, BAY WALK, DOWNHAM MARKET, PE38 9WE - £299,000

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

15 BAY WALK is a very large extended detached house of 133m², built sometime between 2003 and 2006. It was last sold for £299,000 in September 2022, which was around 20% below the average September 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

15 BAY WALK Sold Prices

Land registry data shows three sales for 15 BAY WALK 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. Two of the three 15 BAY WALK sales were for below the average price, whilst one was 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 30 SEP	£299,000	£373,483	20% below HPI
2017 3 NOV	£205,000	£289,752	29% below HPI
2006 29 SEP	£224,995	£203,815	10% above HPI

15 BAY WALK 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 15 BAY WALK sales between September 2006 and September 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 November 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 15 BAY WALK?

15 BAY WALK is 133m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 15 BAY WALK lies on this distribution: 83% of detached houses are smaller than 15 BAY WALK, and 17% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

15 BAY WALK: Plot and Title Map

15 BAY WALK sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 15 BAY WALK, 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 15 BAY WALK). 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 15 BAY WALK?

15 BAY WALK is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 15 on BAY WALK.