2, STRADSETT CLOSE, DOWNHAM MARKET, PE38 9NY - £236,000

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 STRADSETT CLOSE is a large detached house of 110m², built sometime between 1991 and 1995. It was last sold for £236,000 in January 2016, which was around 4% below the average January 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 STRADSETT CLOSE Sold Prices

Land registry data shows three sales for 2 STRADSETT CLOSE 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. One of the three 2 STRADSETT CLOSE sales was for below the average price, whilst two were 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
2016 13 JAN	£236,000	£246,264	4% below HPI
2002 21 JUN	£139,950	£125,990	11% above HPI
1999 26 NOV	£100,875	£86,328	17% above HPI

2 STRADSETT 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 three 2 STRADSETT CLOSE sales between November 1999 and January 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 June 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 2 STRADSETT CLOSE?

2 STRADSETT CLOSE is 110m² according to the EPC inspection conducted in August 2015. This puts it in the largest 40% 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 STRADSETT CLOSE lies on this distribution: 63% of detached houses are smaller than 2 STRADSETT CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

2 STRADSETT CLOSE: Plot and Title Map

2 STRADSETT CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 STRADSETT 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 STRADSETT 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 STRADSETT CLOSE?

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