24, SWAN TERRACE, DOWNHAM MARKET, PE38 9HD - £246,000

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 SWAN TERRACE is a small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £246,000 in May 2022, which was around 30% below the average May 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

24 SWAN TERRACE Sold Prices

Land registry data shows three sales for 24 SWAN TERRACE 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 SWAN TERRACE 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
2022 26 MAY	£246,000	£352,797	30% below HPI
2014 26 MAR	£164,995	£211,616	22% below HPI
2006 21 APR	£154,000	£189,588	19% below HPI

24 SWAN TERRACE 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 SWAN TERRACE sales between April 2006 and May 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 March 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 24 SWAN TERRACE?

24 SWAN TERRACE is 81m² according to the EPC inspection conducted in January 2014. 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 SWAN TERRACE lies on this distribution: 33% of detached houses are smaller than 24 SWAN TERRACE, and 66% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

24 SWAN TERRACE: Plot and Title Map

24 SWAN TERRACE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 24 SWAN TERRACE, 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 SWAN TERRACE). 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 SWAN TERRACE?

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