222B, THE DROVE, BARROWAY DROVE, DOWNHAM MARKET, PE38 0AN - £525,000

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

222B THE DROVE is a large detached house of 146m², built in 2022. It was last sold for £525,000 in August 2022, which was around 42% above the average August 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was A.

222B THE DROVE Sold Prices

Land registry data shows two sales for 222B THE DROVE 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. One of the two 222B THE DROVE sales was for above the average price, whilst the other was 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
2022 18 AUG	£525,000	£369,609	42% above HPI
2021 30 APR	£125,000	£318,982	61% below HPI

222B THE DROVE 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 222B THE DROVE sales from April 2021 and August 2022 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 April 2021 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the August 2022 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 222B THE DROVE?

222B THE DROVE is 146m² according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses in Barroway Drove, based on EPC data. The below chart shows the distribution of detached houses by size in Barroway Drove, and where 222B THE DROVE lies on this distribution: 63% of detached houses are smaller than 222B THE DROVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Barroway Drove.

222B THE DROVE: Plot and Title Map

222B THE DROVE sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 222B THE DROVE, 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 222B THE DROVE). 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 222B THE DROVE?

222B THE DROVE is located in BARROWAY DROVE, in the PE38 postcode district. The below map shows the position of No. 222B on THE DROVE.