3, RUBENS WAY, DOWNHAM MARKET, PE38 9LB - £260,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 RUBENS WAY is a midsized detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £250,234. It was last sold for £260,500 in August 2023, which was around 32% below the average August 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

3 RUBENS WAY Sold Prices

Land registry data shows two sales for 3 RUBENS WAY 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 RUBENS 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
2023 10 AUG	£260,500	£381,765	32% below HPI
2001 30 NOV	£102,995	£115,086	11% below HPI

3 RUBENS 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 two 3 RUBENS WAY sales from November 2001 and August 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 November 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 RUBENS WAY be worth now?

3 RUBENS WAY might now be worth an estimated £250,234.

This is based on house price deflation of 3.9%, between August 2023 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% deflationary decrease is applied to the most recent sale price for 3 RUBENS WAY of £260,500 on 10th August 2023. For the value to have decreased from £260,500 to £250,234 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 3 RUBENS WAY has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2023 sale price of £260,500 represented a fair market value for the property.
• The size, condition, and specification of 3 RUBENS WAY has not materially changed since August 2023.

How Large is 3 RUBENS WAY?

3 RUBENS WAY is 90m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where 3 RUBENS WAY lies on this distribution: 44% of detached houses houses are smaller than 3 RUBENS WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

3 RUBENS WAY: Plot and Title Map

3 RUBENS WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 3 RUBENS 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 3 RUBENS 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 3 RUBENS WAY?

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