2, NUTMEG WALK, DOWNHAM MARKET, PE38 9UT - £222,000

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 NUTMEG WALK is a midsized detached house of 87m², built sometime between 2003 and 2006. It was last sold for £222,000 in June 2016, which was around 11% below the average June 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

2 NUTMEG WALK Sold Prices

Land registry data shows three sales for 2 NUTMEG WALK 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 NUTMEG WALK 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
2016 28 JUN	£222,000	£250,494	11% below HPI
2011 14 SEP	£169,000	£196,083	14% below HPI
2005 30 JUN	£189,995	£193,239	2% below HPI

2 NUTMEG WALK 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 NUTMEG WALK sales between June 2005 and June 2016 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 September 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 NUTMEG WALK?

2 NUTMEG WALK is 87m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 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 NUTMEG WALK lies on this distribution: 41% of detached houses are smaller than 2 NUTMEG WALK, and 59% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

2 NUTMEG WALK: Plot and Title Map

2 NUTMEG WALK sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 2 NUTMEG WALK, 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 NUTMEG WALK). 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 NUTMEG WALK?

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