16, STIRLING CLOSE, DOWNHAM MARKET, PE38 9PZ - £165,000

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 STIRLING CLOSE is a small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £165,000 in August 2015, which was around 32% below the average August 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

16 STIRLING CLOSE Sold Prices

Land registry data shows two sales for 16 STIRLING 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. Both of the two 16 STIRLING CLOSE sales were 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
2015 18 AUG	£165,000	£240,979	32% below HPI
2008 22 APR	£148,500	£213,005	30% below HPI

16 STIRLING 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 STIRLING CLOSE sales from April 2008 and August 2015 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 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2015 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 16 STIRLING CLOSE?

16 STIRLING CLOSE is 71m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 STIRLING CLOSE lies on this distribution: 21% of detached houses are smaller than 16 STIRLING CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

16 STIRLING CLOSE: Plot and Title Map

16 STIRLING CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 16 STIRLING 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 STIRLING 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 STIRLING CLOSE?

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