15, LAVENDER DRIVE, DOWNHAM MARKET, PE38 9UA - £280,000

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.

15 LAVENDER DRIVE is a large detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £338,083. It was last sold for £280,000 in July 2018, which was around 5% below the average July 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

15 LAVENDER DRIVE Sold Prices

Land registry data shows three sales for 15 LAVENDER DRIVE 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. One of the three 15 LAVENDER DRIVE sales was for below the average price, whilst two 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
2018 20 JUL	£280,000	£293,974	5% below HPI
2012 14 AUG	£212,000	£208,932	1% above HPI
2002 27 MAR	£139,950	£122,101	15% above HPI

15 LAVENDER DRIVE 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 LAVENDER DRIVE sales between March 2002 and July 2018 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 August 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 15 LAVENDER DRIVE be worth now?

15 LAVENDER DRIVE might now be worth an estimated £338,083.

This is based on house price inflation of 20.7%, between July 2018 and June 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 20.7% inflationary increase is applied to the most recent sale price for 15 LAVENDER DRIVE of £280,000 on 20th July 2018. For the value to have increased from £280,000 to £338,083 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of 15 LAVENDER DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LAVENDER DRIVE has not materially changed since July 2018.

How Large is 15 LAVENDER DRIVE?

15 LAVENDER DRIVE is 122m² according to the EPC inspection conducted in May 2012. This puts it in the largest 30% 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 15 LAVENDER DRIVE lies on this distribution: 76% of detached houses houses are smaller than 15 LAVENDER DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

15 LAVENDER DRIVE: Plot and Title Map

15 LAVENDER DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 15 LAVENDER DRIVE, 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 LAVENDER DRIVE). 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 LAVENDER DRIVE?

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