27, TINKERS WAY, DOWNHAM MARKET, PE38 9TQ - £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 TINKERS WAY is a very small detached house of 60m², built sometime from 2012 onwards. It was last sold for £275,000 in February 2024, which was around 22% below the average February 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

27 TINKERS WAY Sold Prices

Land registry data shows three sales for 27 TINKERS WAY 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 27 TINKERS 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
2024 16 FEB	£275,000	£354,712	22% below HPI
2021 15 APR	£237,000	£318,982	26% below HPI
2012 21 AUG	£175,890	£203,314	13% below HPI

27 TINKERS 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 three 27 TINKERS WAY sales between August 2012 and February 2024 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 April 2021 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 27 TINKERS WAY?

27 TINKERS WAY is 60m² according to the EPC inspection conducted in September 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 27 TINKERS WAY lies on this distribution: 7% of detached houses are smaller than 27 TINKERS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

27 TINKERS WAY: Plot and Title Map

27 TINKERS WAY sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 27 TINKERS 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 TINKERS 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 TINKERS WAY?

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