24, NILE ROAD, DOWNHAM MARKET, PE38 9SA - £72,950

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 NILE ROAD is a small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £72,950 in December 1997, which was around 4% above the average December 1997 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

24 NILE ROAD Sold Prices

Land registry data shows two sales for 24 NILE ROAD 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 24 NILE ROAD 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
1997 19 DEC	£72,950	£70,343	4% above HPI
1997 30 MAY	£48,000	£66,888	28% below HPI

24 NILE 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 two 24 NILE ROAD sales from May 1997 and December 1997 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 May 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 1997 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 24 NILE ROAD?

24 NILE ROAD is 81m², which includes one extension, according to the EPC inspection conducted in October 2021. 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 NILE ROAD lies on this distribution: 33% of detached houses are smaller than 24 NILE ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

24 NILE ROAD: Plot and Title Map

24 NILE ROAD sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 24 NILE 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 24 NILE 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 24 NILE ROAD?

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