20, LAVENDER DRIVE, DOWNHAM MARKET, PE38 9UA - £315,000

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

20 LAVENDER DRIVE is a very large detached house of 162m², built sometime between 2003 and 2006. It was last sold for £315,000 in May 2016, which was around 25% above the average May 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

20 LAVENDER DRIVE Sold Prices

Land registry data shows two sales for 20 LAVENDER DRIVE 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 20 LAVENDER DRIVE sales 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 10 MAY	£315,000	£252,970	25% above HPI
2002 28 MAR	£199,950	£118,818	68% above HPI

20 LAVENDER DRIVE 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 20 LAVENDER DRIVE sales from March 2002 and May 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 March 2002 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the May 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 20 LAVENDER DRIVE?

20 LAVENDER DRIVE is 162m² according to the EPC inspection conducted in February 2016. This puts it in the largest 10% 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 20 LAVENDER DRIVE lies on this distribution: 93% of detached houses are smaller than 20 LAVENDER DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

20 LAVENDER DRIVE: Plot and Title Map

20 LAVENDER DRIVE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 20 LAVENDER DRIVE, 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 20 LAVENDER DRIVE). 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 20 LAVENDER DRIVE?

20 LAVENDER DRIVE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 20 on LAVENDER DRIVE.