3, HARDY CLOSE, DOWNHAM MARKET, PE38 9RX - £205,000

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 HARDY CLOSE is a small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £205,000 in February 2021, which was around 35% below the average February 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

3 HARDY CLOSE Sold Prices

Land registry data shows four sales for 3 HARDY CLOSE 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 3 HARDY CLOSE 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
2021 12 FEB	£205,000	£313,276	35% below HPI
2015 17 NOV	£190,000	£250,512	24% below HPI
2013 10 APR	£159,000	£201,881	21% below HPI
2012 16 MAR	£138,000	£196,428	30% below HPI

3 HARDY CLOSE 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 3 HARDY CLOSE sales between March 2012 and February 2021 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 November 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 HARDY CLOSE?

3 HARDY CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in August 2012. 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 3 HARDY CLOSE lies on this distribution: 23% of detached houses are smaller than 3 HARDY CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

3 HARDY CLOSE: Plot and Title Map

3 HARDY CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 3 HARDY CLOSE, 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 HARDY CLOSE). 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 HARDY CLOSE?

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