23, BASIL DRIVE, DOWNHAM MARKET, PE38 9UH - £205,000

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

23 BASIL DRIVE is a very large detached house of 129m², built sometime between 2003 and 2006. It was last sold for £205,000 in May 2021, which was around 35% below the average May 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

23 BASIL DRIVE Sold Prices

Land registry data shows four sales for 23 BASIL DRIVE since 1^st January 1995. The below table shows the price paid for the four 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 four 23 BASIL 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 26 MAY	£205,000	£315,796	35% below HPI
2014 3 OCT	£165,000	£229,088	28% below HPI
2007 28 JUL	£182,000	£216,236	16% below HPI
2005 1 JUL	£184,500	£200,070	8% below HPI

23 BASIL 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 four 23 BASIL DRIVE sales between July 2005 and May 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 October 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 23 BASIL DRIVE?

23 BASIL DRIVE is 129m² according to the EPC inspection conducted in June 2023. This puts it in the largest 20% 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 23 BASIL DRIVE lies on this distribution: 81% of detached houses are smaller than 23 BASIL DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

23 BASIL DRIVE: Plot and Title Map

23 BASIL DRIVE sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 23 BASIL 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 23 BASIL 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 23 BASIL DRIVE?

23 BASIL DRIVE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 23 on BASIL DRIVE.