16A, MILL LANE, DOWNHAM MARKET, PE38 9QT - £366,000

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.

16A MILL LANE is a very large detached house of 129m², built in 2021, which could now be worth an estimated £362,736. It was last sold for £366,000 in January 2025, which was around 1% below the average January 2025 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was A.

16A MILL LANE Sold Prices

Land registry data shows four sales for 16A MILL LANE since 1^st January 1995. The below table shows the price paid for the four 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 four 16A MILL LANE 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
2025 31 JAN	£366,000	£370,020	1% below HPI
2023 21 DEC	£275,000	£364,047	24% below HPI
2014 10 OCT	£195,000	£235,418	17% below HPI
1996 7 JUN	£25,000	£60,966	59% below HPI

16A MILL LANE 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 four 16A MILL LANE sales between June 1996 and January 2025 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 December 2023 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2025 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 16A MILL LANE be worth now?

16A MILL LANE might now be worth an estimated £362,736.

This is based on house price deflation of 0.9%, between January 2025 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 0.9% deflationary decrease is applied to the most recent sale price for 16A MILL LANE of £366,000 on 31st January 2025. For the value to have decreased from £366,000 to £362,736 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 16A MILL LANE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The January 2025 sale price of £366,000 represented a fair market value for the property.
• The size, condition, and specification of 16A MILL LANE has not materially changed since January 2025.

How Large is 16A MILL LANE?

16A MILL LANE is 129m² according to the EPC inspection conducted in September 2021. This puts it in the largest 20% 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 16A MILL LANE lies on this distribution: 81% of detached houses houses are smaller than 16A MILL LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

16A MILL LANE: Plot and Title Map

16A MILL LANE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 16A MILL LANE, 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 16A MILL LANE). 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 16A MILL LANE?

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