25, BASIL DRIVE, DOWNHAM MARKET, PE38 9UH - £165,000

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

25 BASIL DRIVE is a small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £165,000 in August 2017, which was around 41% below the average August 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

25 BASIL DRIVE Sold Prices

Land registry data shows two sales for 25 BASIL DRIVE 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. Both of the two 25 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
2017 16 AUG	£165,000	£280,393	41% below HPI
2005 1 JUL	£175,000	£200,070	13% below HPI

25 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 two 25 BASIL DRIVE sales from July 2005 and August 2017 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 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 25 BASIL DRIVE?

25 BASIL DRIVE is 85m² according to the EPC inspection conducted in March 2023. 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 25 BASIL DRIVE lies on this distribution: 39% of detached houses are smaller than 25 BASIL DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

25 BASIL DRIVE: Plot and Title Map

25 BASIL DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 25 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 25 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 25 BASIL DRIVE?

25 BASIL DRIVE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 25 on BASIL DRIVE.