15, RAVENSWAY, DOWNHAM MARKET, PE38 0DB - £310,000

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 RAVENSWAY is a midsized extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £310,000 in September 2021, which was around 3% below the average September 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

15 RAVENSWAY Sold Prices

Land registry data shows two sales for 15 RAVENSWAY 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. One of the two 15 RAVENSWAY sales was for below the average price, whilst the other 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
2021 27 SEP	£310,000	£318,711	3% below HPI
1997 5 MAR	£80,000	£67,247	19% above HPI

15 RAVENSWAY 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 15 RAVENSWAY sales from March 1997 and September 2021 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 March 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 15 RAVENSWAY?

15 RAVENSWAY is 92m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the smallest 50% 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 RAVENSWAY lies on this distribution: 46% of detached houses are smaller than 15 RAVENSWAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

15 RAVENSWAY: Plot and Title Map

15 RAVENSWAY sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 15 RAVENSWAY, 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 RAVENSWAY). 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 RAVENSWAY?

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