28, RAVENSWAY, DOWNHAM MARKET, PE38 0DB - £367,500

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

28 RAVENSWAY is a very large extended detached house of 162m², built sometime between 1996 and 2002. It was last sold for £367,500 in September 2019, which was around 24% above the average September 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

28 RAVENSWAY Sold Prices

Land registry data shows two sales for 28 RAVENSWAY 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 28 RAVENSWAY sales were for above 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
2019 2 SEP	£367,500	£297,061	24% above HPI
1998 29 JAN	£117,000	£71,748	63% above HPI

28 RAVENSWAY 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 28 RAVENSWAY sales from January 1998 and September 2019 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 January 1998 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the September 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 28 RAVENSWAY?

28 RAVENSWAY is 162m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 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 28 RAVENSWAY lies on this distribution: 93% of detached houses are smaller than 28 RAVENSWAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

28 RAVENSWAY: Plot and Title Map

28 RAVENSWAY sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 28 RAVENSWAY, 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 RAVENSWAY). 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 RAVENSWAY?

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