23, COMMON LANE, SOUTHERY, DOWNHAM MARKET, PE38 0PB - £145,000

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 COMMON LANE is a small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £145,000 in October 2013, which was around 32% below the average October 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

23 COMMON LANE Sold Prices

Land registry data shows four sales for 23 COMMON LANE 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 COMMON LANE 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
2013 4 OCT	£145,000	£212,766	32% below HPI
2011 15 JUL	£140,000	£195,780	28% below HPI
2007 11 OCT	£153,500	£220,309	30% below HPI
1997 22 AUG	£49,000	£65,753	25% below HPI

23 COMMON LANE 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 COMMON LANE sales between August 1997 and October 2013 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 July 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 23 COMMON LANE?

23 COMMON LANE is 85m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses in Southery, based on EPC data. The below chart shows the distribution of detached houses by size in Southery, and where 23 COMMON LANE lies on this distribution: 25% of detached houses are smaller than 23 COMMON LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Southery.

23 COMMON LANE: Plot and Title Map

23 COMMON LANE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 23 COMMON LANE, 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 COMMON LANE). 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 COMMON LANE?

23 COMMON LANE is located in SOUTHERY, in the PE38 postcode district. The below map shows the position of No. 23 on COMMON LANE.