15, GUILTCROSS WAY, DOWNHAM MARKET, PE38 9RE - £230,000

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 GUILTCROSS WAY is a small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £230,000 in September 2017, which was around 19% below the average September 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

15 GUILTCROSS WAY Sold Prices

Land registry data shows three sales for 15 GUILTCROSS WAY 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 15 GUILTCROSS WAY 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
2017 21 SEP	£230,000	£282,891	19% below HPI
2014 12 NOV	£209,000	£231,016	10% below HPI
2014 19 MAR	£157,500	£211,616	26% below HPI

15 GUILTCROSS WAY 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 GUILTCROSS WAY sales between March 2014 and September 2017 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 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 GUILTCROSS WAY?

15 GUILTCROSS WAY is 78m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% 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 GUILTCROSS WAY lies on this distribution: 29% of detached houses are smaller than 15 GUILTCROSS WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

15 GUILTCROSS WAY: Plot and Title Map

15 GUILTCROSS WAY sits on a plot of roughly 0.114 of an acre, or 459m². The below map shows the location of 15 GUILTCROSS WAY, 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 GUILTCROSS WAY). 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 GUILTCROSS WAY?

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