17, SHORT CLOSE, DOWNHAM MARKET, PE38 9NT - £142,500

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 SHORT CLOSE is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £142,500 in October 2006, which was around 32% below the average October 2006 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

17 SHORT CLOSE Sold Prices

Land registry data shows two sales for 17 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. Both of the two 17 SHORT 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
2006 6 OCT	£142,500	£209,422	32% below HPI
2004 1 JUL	£122,000	£184,385	34% below HPI

17 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 17 SHORT CLOSE sales from July 2004 and October 2006 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 July 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2006 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 17 SHORT CLOSE?

17 SHORT CLOSE is 58m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 SHORT CLOSE lies on this distribution: 3% of detached houses are smaller than 17 SHORT CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

17 SHORT CLOSE: Plot and Title Map

17 SHORT CLOSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 17 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 17 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 17 SHORT CLOSE?

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