21, LAVENDER DRIVE, DOWNHAM MARKET, PE38 9UA - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 LAVENDER DRIVE is a midsized extended detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £336,808. It was last sold for £300,000 in August 2021, which was around 8% below the average August 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

21 LAVENDER DRIVE Sold Prices

Land registry data shows five sales for 21 LAVENDER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five 21 LAVENDER DRIVE 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
2021 31 AUG	£300,000	£326,643	8% below HPI
2017 30 NOV	£260,000	£297,759	13% below HPI
2012 13 JAN	£195,000	£212,259	8% below HPI
2004 8 JUL	£177,000	£189,480	7% below HPI
2002 31 MAY	£133,950	£125,386	7% above HPI

21 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 five 21 LAVENDER DRIVE sales between May 2002 and August 2021 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 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 21 LAVENDER DRIVE be worth now?

21 LAVENDER DRIVE might now be worth an estimated £336,808.

This is based on house price inflation of 12.3%, between August 2021 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.3% inflationary increase is applied to the most recent sale price for 21 LAVENDER DRIVE of £300,000 on 31st August 2021. For the value to have increased from £300,000 to £336,808 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 21 LAVENDER DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 21 LAVENDER DRIVE has not materially changed since August 2021.

How Large is 21 LAVENDER DRIVE?

21 LAVENDER DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where 21 LAVENDER DRIVE lies on this distribution: 57% of detached houses houses are smaller than 21 LAVENDER DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

21 LAVENDER DRIVE: Plot and Title Map

21 LAVENDER DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 21 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 21 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 21 LAVENDER DRIVE?

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