2, LOW HATTERS CLOSE, DOWNHAM MARKET, PE38 9RR - £210,000

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 LOW HATTERS CLOSE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £210,000 in September 2020, which was around 31% 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 2020, where the current energy rating was D, and the potential energy rating was C.

2 LOW HATTERS CLOSE Sold Prices

Land registry data shows two sales for 2 LOW HATTERS CLOSE 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. Both of the two 2 LOW HATTERS 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
2020 16 SEP	£210,000	£302,504	31% below HPI
1995 28 FEB	£56,000	£60,823	8% below HPI

2 LOW HATTERS 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 two 2 LOW HATTERS CLOSE sales from February 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 February 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 LOW HATTERS CLOSE?

2 LOW HATTERS CLOSE is 67m² according to the EPC inspection conducted in January 2020. 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 LOW HATTERS CLOSE lies on this distribution: 16% of detached houses are smaller than 2 LOW HATTERS CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

2 LOW HATTERS CLOSE: Plot and Title Map

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

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