16, MASEFIELD DRIVE, DOWNHAM MARKET, PE38 9TS - £347,500

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.

16 MASEFIELD DRIVE is a very large extended detached house of 177m², built sometime between 1996 and 2002, which could now be worth an estimated £391,788. It was last sold for £347,500 in December 2020, which was around 7% 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.

16 MASEFIELD DRIVE Sold Prices

Land registry data shows five sales for 16 MASEFIELD DRIVE since 1^st 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	£325,266	7% above HPI
2013 8 APR	£246,000	£207,459	19% above HPI
2009 8 APR	£220,000	£193,970	13% above HPI
2007 28 JUN	£258,000	£219,290	18% above HPI
2002 30 APR	£179,500	£123,291	46% above HPI

16 MASEFIELD 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 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 16 MASEFIELD DRIVE be worth now?

16 MASEFIELD DRIVE might now be worth an estimated £391,788.

This is based on house price inflation of 12.7%, between December 2020 and February 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 12.7% inflationary increase is applied to the most recent sale price for 16 MASEFIELD DRIVE of £347,500 on 14th December 2020. For the value to have increased from £347,500 to £391,788 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 MASEFIELD DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The December 2020 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MASEFIELD DRIVE has not materially changed since December 2020.

How Large is 16 MASEFIELD DRIVE?

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 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 16 MASEFIELD DRIVE lies on this distribution: 96% of detached houses 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: Plot and Title Map

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.

Where is 16 MASEFIELD DRIVE?

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.