24, BROADLANDS, DOWNHAM MARKET, PE38 9JB - £195,000

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

24 BROADLANDS is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £195,000 in June 2016, which was around 22% below the average June 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

24 BROADLANDS Sold Prices

Land registry data shows three sales for 24 BROADLANDS since 1^st January 1995. The below table shows the price paid for the three 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 three 24 BROADLANDS 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
2016 16 JUN	£195,000	£250,494	22% below HPI
2001 11 OCT	£50,000	£113,336	56% below HPI
2000 10 AUG	£77,000	£93,740	18% below HPI

24 BROADLANDS 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 three 24 BROADLANDS sales between August 2000 and June 2016 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 2001 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 24 BROADLANDS?

24 BROADLANDS is 86m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% 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 24 BROADLANDS lies on this distribution: 40% of detached houses are smaller than 24 BROADLANDS, and 60% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

24 BROADLANDS: Plot and Title Map

24 BROADLANDS sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 24 BROADLANDS, 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 24 BROADLANDS). 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 24 BROADLANDS?

24 BROADLANDS is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 24 on BROADLANDS.