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

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 BURDOCK CLOSE is a very large detached house of 146m², built sometime between 2003 and 2006. It was last sold for £265,000 in May 2017, which was around 2% 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	£271,048	2% below HPI
2017 28 FEB	£260,500	£268,219	3% below HPI
2016 2 NOV	£262,000	£265,933	1% below HPI
2012 30 JAN	£235,000	£206,552	14% above HPI
2006 24 MAY	£235,890	£195,575	21% 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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

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 in Downham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Downham Market, and where 2 BURDOCK CLOSE lies on this distribution: 89% of detached 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.