17, PARK LANE, DOWNHAM MARKET, PE38 9SH - £445,000

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

17 PARK LANE is a very large extended detached house of 209m², built sometime between 1983 and 1990. It was last sold for £445,000 in July 2016, which was around 74% above the average July 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

17 PARK LANE Sold Prices

Land registry data shows three sales for 17 PARK LANE since 1^st January 1995. The below table shows the price paid for the three 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 three 17 PARK LANE 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
2016 29 JUL	£445,000	£255,076	74% above HPI
2006 12 MAY	£232,000	£195,575	19% above HPI
1996 10 SEP	£86,000	£63,790	35% above HPI

17 PARK 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 three 17 PARK LANE sales between September 1996 and July 2016 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 May 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2016 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 17 PARK LANE?

17 PARK LANE is 209m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 17 PARK LANE lies on this distribution: 98% of detached houses are smaller than 17 PARK LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

17 PARK LANE: Plot and Title Map

17 PARK LANE sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of 17 PARK 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 17 PARK 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 17 PARK LANE?

17 PARK LANE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 17 on PARK LANE.