18, GUILTCROSS WAY, DOWNHAM MARKET, PE38 9RE - £220,000

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

18 GUILTCROSS WAY is a small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £220,000 in November 2017, which was around 24% below the average November 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

18 GUILTCROSS WAY Sold Prices

Land registry data shows two sales for 18 GUILTCROSS WAY 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 18 GUILTCROSS WAY 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
2017 10 NOV	£220,000	£289,752	24% below HPI
2016 19 MAY	£177,000	£252,970	30% below HPI

18 GUILTCROSS WAY 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 18 GUILTCROSS WAY sales from May 2016 and November 2017 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 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 18 GUILTCROSS WAY?

18 GUILTCROSS WAY is 74m² according to the EPC inspection conducted in February 2016. 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 18 GUILTCROSS WAY lies on this distribution: 23% of detached houses are smaller than 18 GUILTCROSS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

18 GUILTCROSS WAY: Plot and Title Map

18 GUILTCROSS WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 18 GUILTCROSS WAY, 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 18 GUILTCROSS WAY). 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 18 GUILTCROSS WAY?

18 GUILTCROSS WAY is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 18 on GUILTCROSS WAY.