28, GALLOW DRIVE, DOWNHAM MARKET, PE38 9RD - £286,000

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

28 GALLOW DRIVE is a small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £286,000 in November 2023, which was around 22% below the average November 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

28 GALLOW DRIVE Sold Prices

Land registry data shows six sales for 28 GALLOW DRIVE since 1^st January 1995. The below table shows the price paid for the six 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 six 28 GALLOW 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
2023 27 NOV	£286,000	£367,050	22% below HPI
2022 24 MAR	£290,000	£344,475	16% below HPI
2017 17 NOV	£230,000	£289,752	21% below HPI
2016 16 SEP	£215,000	£257,512	17% below HPI
2013 17 APR	£155,000	£201,881	23% below HPI
1999 24 FEB	£70,000	£74,916	7% below HPI

28 GALLOW 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 six 28 GALLOW DRIVE sales between February 1999 and November 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 March 2022 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 28 GALLOW DRIVE?

28 GALLOW DRIVE is 76m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% 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 28 GALLOW DRIVE lies on this distribution: 26% of detached houses are smaller than 28 GALLOW DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

28 GALLOW DRIVE: Plot and Title Map

28 GALLOW DRIVE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 28 GALLOW 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 28 GALLOW 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 28 GALLOW DRIVE?

28 GALLOW DRIVE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 28 on GALLOW DRIVE.