16, SHORT CLOSE, DOWNHAM MARKET, PE38 9NT - £250,000

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

16 SHORT CLOSE is a large detached house of 125m², built sometime between 1976 and 1982. It was last sold for £250,000 in October 2013, which was around 18% above the average October 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

16 SHORT CLOSE Sold Prices

Land registry data shows two sales for 16 SHORT CLOSE 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 16 SHORT CLOSE sales was for above the average price, whilst the other was 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
2013 29 OCT	£250,000	£212,766	18% above HPI
2007 15 JUN	£209,000	£213,393	2% below HPI

16 SHORT CLOSE 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 16 SHORT CLOSE sales from June 2007 and October 2013 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 June 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2013 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 16 SHORT CLOSE?

16 SHORT CLOSE is 125m² according to the EPC inspection conducted in June 2013. This puts it in the largest 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 16 SHORT CLOSE lies on this distribution: 78% of detached houses are smaller than 16 SHORT CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

16 SHORT CLOSE: Plot and Title Map

16 SHORT CLOSE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 16 SHORT CLOSE, 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 SHORT CLOSE). 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 SHORT CLOSE?

16 SHORT CLOSE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 16 on SHORT CLOSE.