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
16 MASEFIELD DRIVE is a very large extended detached house of 177m², built sometime between 1996 and 2002. It was last sold for £347,500 in December 2020, which was around 10% above the average December 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 16 MASEFIELD DRIVE since 1st January 1995. The below table shows the price paid for the five 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 five 16 MASEFIELD DRIVE sales 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 |
---|---|---|---|
2020 14 DEC | £347,500 | £316,520 | 10% above HPI |
2013 8 APR | £246,000 | £201,881 | 22% above HPI |
2009 8 APR | £220,000 | £188,754 | 17% above HPI |
2007 28 JUN | £258,000 | £213,393 | 21% above HPI |
2002 30 APR | £179,500 | £119,976 | 50% above HPI |
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 five 16 MASEFIELD DRIVE sales between April 2002 and December 2020 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 April 2013 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.
16 MASEFIELD DRIVE is 177m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% 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 16 MASEFIELD DRIVE lies on this distribution: 96% of detached houses are smaller than 16 MASEFIELD DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Downham Market.
16 MASEFIELD DRIVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 16 MASEFIELD 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 16 MASEFIELD 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.
16 MASEFIELD DRIVE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 16 on MASEFIELD DRIVE.