22, RAILWAY ROAD, DOWNHAM MARKET, PE38 9EB - £275,000

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

22 RAILWAY ROAD is a midsized extended semi-detached house of 102m², built sometime before 1900. It was last sold for £275,000 in August 2017, which was around 2% below the average August 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

22 RAILWAY ROAD Sold Prices

Land registry data shows six sales for 22 RAILWAY ROAD since 1^st January 1995. The below table shows the price paid for the six 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 six 22 RAILWAY ROAD 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
2017 21 AUG	£275,000	£280,393	2% below HPI
2012 15 JUN	£230,000	£203,197	13% above HPI
2011 1 FEB	£207,500	£210,138	1% below HPI
2007 28 FEB	£223,000	£203,427	10% above HPI
2004 20 JAN	£116,000	£163,705	29% below HPI
2000 21 JAN	£35,000	£84,123	58% below HPI

22 RAILWAY ROAD 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 six 22 RAILWAY ROAD sales between January 2000 and August 2017 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 2012 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 22 RAILWAY ROAD?

22 RAILWAY ROAD is 102m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 50% 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 22 RAILWAY ROAD lies on this distribution: 56% of detached houses are smaller than 22 RAILWAY ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

22 RAILWAY ROAD: Plot and Title Map

22 RAILWAY ROAD sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 22 RAILWAY ROAD, 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 22 RAILWAY ROAD). 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 22 RAILWAY ROAD?

22 RAILWAY ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 22 on RAILWAY ROAD.