2, BURDOCK CLOSE, DOWNHAM MARKET, PE38 9AZ - £265,000

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.

2 BURDOCK CLOSE is a very large detached house of 146m², built sometime between 2003 and 2006, which could now be worth an estimated £348,896. It was last sold for £265,000 in May 2017, which was around 5% below the average May 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

2 BURDOCK CLOSE Sold Prices

Land registry data shows five sales for 2 BURDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five 2 BURDOCK CLOSE 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 26 MAY	£265,000	£278,538	5% below HPI
2017 28 FEB	£260,500	£275,630	5% below HPI
2016 2 NOV	£262,000	£273,281	4% below HPI
2012 30 JAN	£235,000	£212,259	11% above HPI
2006 24 MAY	£235,890	£200,979	17% above HPI

2 BURDOCK CLOSE 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 five 2 BURDOCK CLOSE sales between May 2006 and May 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 February 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2017 sale, which was also at 5% below the HPI.

What might 2 BURDOCK CLOSE be worth now?

2 BURDOCK CLOSE might now be worth an estimated £348,896.

This is based on house price inflation of 31.7%, between May 2017 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 31.7% inflationary increase is applied to the most recent sale price for 2 BURDOCK CLOSE of £265,000 on 26th May 2017. For the value to have increased from £265,000 to £348,896 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 2 BURDOCK CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BURDOCK CLOSE has not materially changed since May 2017.

How Large is 2 BURDOCK CLOSE?

2 BURDOCK CLOSE is 146m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% 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 2 BURDOCK CLOSE lies on this distribution: 89% of detached houses houses are smaller than 2 BURDOCK CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

2 BURDOCK CLOSE: Plot and Title Map

2 BURDOCK CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 2 BURDOCK CLOSE, 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 BURDOCK CLOSE). 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 BURDOCK CLOSE?

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