21, COMMON LANE, SOUTHERY, DOWNHAM MARKET, PE38 0PB - £295,000

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

21 COMMON LANE is a very large extended detached house of 158m², built sometime between 1983 and 1990. It was last sold for £295,000 in August 2024, which was around 18% below the average August 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

21 COMMON LANE Sold Prices

Land registry data shows three sales for 21 COMMON LANE 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 21 COMMON LANE 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
2024 16 AUG	£295,000	£357,764	18% below HPI
2020 5 NOV	£282,500	£313,891	10% below HPI
1995 2 AUG	£50,000	£58,857	15% below HPI

21 COMMON LANE 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 21 COMMON LANE sales between August 1995 and August 2024 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 November 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 21 COMMON LANE?

21 COMMON LANE is 158m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in Southery, based on EPC data. The below chart shows the distribution of detached houses by size in Southery, and where 21 COMMON LANE lies on this distribution: 85% of detached houses are smaller than 21 COMMON LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Southery.

21 COMMON LANE: Plot and Title Map

21 COMMON LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 21 COMMON LANE, 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 21 COMMON LANE). 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 21 COMMON LANE?

21 COMMON LANE is located in SOUTHERY, in the PE38 postcode district. The below map shows the position of No. 21 on COMMON LANE.