18, WILLOW ROAD, DOWNHAM MARKET, PE38 9PG - £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 WILLOW ROAD is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £240,000 in May 2016, which was around 5% below the average May 2016 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 WILLOW ROAD Sold Prices

Land registry data shows two sales for 18 WILLOW ROAD 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. One of the two 18 WILLOW ROAD sales was for below the average price, whilst the other 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
2016 11 MAY	£240,000	£252,970	5% below HPI
1997 19 JUN	£69,000	£66,822	3% above HPI

18 WILLOW 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 two 18 WILLOW ROAD sales from June 1997 and May 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 June 1997 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 18 WILLOW ROAD?

18 WILLOW ROAD is 82m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% 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 WILLOW ROAD lies on this distribution: 34% of detached houses are smaller than 18 WILLOW ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

18 WILLOW ROAD: Plot and Title Map

18 WILLOW ROAD sits on a plot of roughly 0.124 of an acre, or 504m². The below map shows the location of 18 WILLOW 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 WILLOW 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 WILLOW ROAD?

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