21, HERON CLOSE, DOWNHAM MARKET, PE38 9QD - £195,000

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 HERON CLOSE is a very small detached house of 50m², built sometime between 1983 and 1990. It was last sold for £195,000 in August 2024, which was around 45% below the average August 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

21 HERON CLOSE Sold Prices

Land registry data shows two sales for 21 HERON 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 21 HERON 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
2024 21 AUG	£195,000	£357,764	45% below HPI
2009 19 FEB	£132,000	£185,138	29% below HPI

21 HERON 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 21 HERON CLOSE sales from February 2009 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 February 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 21 HERON CLOSE?

21 HERON CLOSE is 50m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 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 21 HERON CLOSE lies on this distribution: 1% of detached houses are smaller than 21 HERON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

21 HERON CLOSE: Plot and Title Map

21 HERON CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 21 HERON 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 21 HERON 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 21 HERON CLOSE?

21 HERON CLOSE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 21 on HERON CLOSE.