18, LAVENDER DRIVE, DOWNHAM MARKET, PE38 9UA - £280,000

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.

18 LAVENDER DRIVE is a very large extended detached house of 158m², built sometime between 1996 and 2002, which could now be worth an estimated £414,505. It was last sold for £280,000 in July 2015, which was around 13% above the average July 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was C.

18 LAVENDER DRIVE Sold Prices

Land registry data shows two sales for 18 LAVENDER DRIVE 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 LAVENDER DRIVE 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
2015 3 JUL	£280,000	£247,721	13% above HPI
2001 21 DEC	£191,500	£119,909	60% above HPI

18 LAVENDER DRIVE 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 LAVENDER DRIVE sales from December 2001 and July 2015 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 2001 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the July 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 18 LAVENDER DRIVE be worth now?

18 LAVENDER DRIVE might now be worth an estimated £414,505.

This is based on house price inflation of 48%, between July 2015 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 48% inflationary increase is applied to the most recent sale price for 18 LAVENDER DRIVE of £280,000 on 3rd July 2015. For the value to have increased from £280,000 to £414,505 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 18 LAVENDER DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LAVENDER DRIVE has not materially changed since July 2015.

How Large is 18 LAVENDER DRIVE?

18 LAVENDER DRIVE is 158m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% 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 18 LAVENDER DRIVE lies on this distribution: 92% of detached houses houses are smaller than 18 LAVENDER DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

18 LAVENDER DRIVE: Plot and Title Map

18 LAVENDER DRIVE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 18 LAVENDER DRIVE, 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 LAVENDER DRIVE). 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 LAVENDER DRIVE?

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