2, KEW ROAD, DOWNHAM MARKET, PE38 9TG - £170,000

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 KEW ROAD is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £170,000 in September 2020, which was around 44% below the average September 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

2 KEW ROAD Sold Prices

Land registry data shows three sales for 2 KEW ROAD 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. Two of the three 2 KEW ROAD sales were for below the average price, whilst one 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
2020 25 SEP	£170,000	£302,504	44% below HPI
2013 7 JUN	£145,000	£206,112	30% below HPI
1995 31 JUL	£71,000	£59,266	20% above HPI

2 KEW 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 three 2 KEW ROAD sales between July 1995 and September 2020 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 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 2 KEW ROAD?

2 KEW ROAD is 62m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 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 KEW ROAD lies on this distribution: 12% of detached houses are smaller than 2 KEW ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

2 KEW ROAD: Plot and Title Map

2 KEW ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 2 KEW 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 2 KEW 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 2 KEW ROAD?

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