26, PARK LANE, DOWNHAM MARKET, PE38 9SH - £114,500

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

26 PARK LANE is a very small detached house of 51m², built sometime between 1976 and 1982. It was last sold for £114,500 in April 2010, which was around 45% below the average April 2010 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

26 PARK LANE Sold Prices

Land registry data shows two sales for 26 PARK LANE 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 26 PARK 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
2010 23 APR	£114,500	£208,248	45% below HPI
2004 25 MAY	£108,000	£170,835	37% below HPI

26 PARK 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 two 26 PARK LANE sales from May 2004 and April 2010 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 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2010 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 26 PARK LANE?

26 PARK LANE is 51m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% 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 26 PARK LANE lies on this distribution: 1% of detached houses are smaller than 26 PARK LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

26 PARK LANE: Plot and Title Map

26 PARK LANE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 26 PARK 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 26 PARK 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 26 PARK LANE?

26 PARK LANE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 26 on PARK LANE.