3, FOAL LANE, DOWNHAM MARKET, PE38 9GU - £320,000

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

3 FOAL LANE is a small detached house of 84m². It was last sold for £320,000 in April 2022, which was around 8% below the average April 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

3 FOAL LANE Sold Prices

Land registry data shows two sales for 3 FOAL 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 3 FOAL 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
2022 21 APR	£320,000	£349,431	8% below HPI
2015 14 DEC	£225,995	£247,568	9% below HPI

3 FOAL 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 3 FOAL LANE sales from December 2015 and April 2022 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 December 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 FOAL LANE?

3 FOAL LANE is 84m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% 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 3 FOAL LANE lies on this distribution: 37% of detached houses are smaller than 3 FOAL LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

3 FOAL LANE: Plot and Title Map

3 FOAL LANE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 3 FOAL 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 3 FOAL 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 3 FOAL LANE?

3 FOAL LANE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 3 on FOAL LANE.