27, GUILTCROSS WAY, DOWNHAM MARKET, PE38 9RE - £275,000

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

27 GUILTCROSS WAY is a very small extended detached house of 65m², built sometime between 1983 and 1990. It was last sold for £275,000 in April 2023, which was around 24% below the average April 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

27 GUILTCROSS WAY Sold Prices

Land registry data shows four sales for 27 GUILTCROSS WAY since 1^st January 1995. The below table shows the price paid for the four 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 four 27 GUILTCROSS WAY 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
2023 28 APR	£275,000	£360,995	24% below HPI
2019 15 AUG	£208,000	£296,171	30% below HPI
2007 5 SEP	£172,000	£217,007	21% below HPI
2002 29 AUG	£118,950	£136,280	13% below HPI

27 GUILTCROSS WAY 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 four 27 GUILTCROSS WAY sales between August 2002 and April 2023 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 August 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 27 GUILTCROSS WAY?

27 GUILTCROSS WAY is 65m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% 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 27 GUILTCROSS WAY lies on this distribution: 15% of detached houses are smaller than 27 GUILTCROSS WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

27 GUILTCROSS WAY: Plot and Title Map

27 GUILTCROSS WAY sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 27 GUILTCROSS WAY, 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 27 GUILTCROSS WAY). 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 27 GUILTCROSS WAY?

27 GUILTCROSS WAY is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 27 on GUILTCROSS WAY.