18, KEW ROAD, DOWNHAM MARKET, PE38 9TG - £240,000

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 KEW ROAD is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £240,000 in March 2022, which was around 30% below the average March 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

18 KEW ROAD Sold Prices

Land registry data shows three sales for 18 KEW ROAD 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. Two of the three 18 KEW ROAD sales were for below the average price, whilst one was 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
2022 18 MAR	£240,000	£344,475	30% below HPI
2011 22 JUL	£142,500	£195,780	27% below HPI
1995 31 JAN	£68,500	£59,942	14% above HPI

18 KEW ROAD 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 18 KEW ROAD sales between January 1995 and March 2022 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 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 18 KEW ROAD?

18 KEW ROAD is 59m² according to the EPC inspection conducted in November 2021. 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 18 KEW ROAD lies on this distribution: 4% of detached houses are smaller than 18 KEW ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

18 KEW ROAD: Plot and Title Map

18 KEW ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 18 KEW ROAD, 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 KEW ROAD). 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 KEW ROAD?

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