2, BROTHERCROSS WAY, DOWNHAM MARKET, PE38 9RF - £215,000

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

2 BROTHERCROSS WAY is a midsized extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £215,000 in November 2014, which was around 7% below the average November 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

2 BROTHERCROSS WAY Sold Prices

Land registry data shows three sales for 2 BROTHERCROSS WAY 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. All of the three 2 BROTHERCROSS 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
2014 7 NOV	£215,000	£231,016	7% below HPI
2012 5 DEC	£177,000	£208,789	15% below HPI
2011 2 DEC	£160,000	£207,521	23% below HPI

2 BROTHERCROSS 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 three 2 BROTHERCROSS WAY sales between December 2011 and November 2014 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 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 BROTHERCROSS WAY?

2 BROTHERCROSS WAY is 95m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% 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 2 BROTHERCROSS WAY lies on this distribution: 49% of detached houses are smaller than 2 BROTHERCROSS WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

2 BROTHERCROSS WAY: Plot and Title Map

2 BROTHERCROSS WAY sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 2 BROTHERCROSS 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 2 BROTHERCROSS 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 2 BROTHERCROSS WAY?

2 BROTHERCROSS WAY is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 2 on BROTHERCROSS WAY.