3, SANDIACRE LANE, DOWNHAM MARKET, PE38 9BF - £229,000

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 SANDIACRE LANE is a very small detached house of 66m², built sometime between 2003 and 2006. It was last sold for £229,000 in November 2017, which was around 21% below the average November 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

3 SANDIACRE LANE Sold Prices

Land registry data shows four sales for 3 SANDIACRE LANE 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 SANDIACRE 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
2017 23 NOV	£229,000	£289,752	21% below HPI
2009 3 NOV	£174,000	£195,362	11% below HPI
2009 29 JAN	£174,995	£190,698	8% below HPI
1999 18 MAR	£62,500	£74,529	16% below HPI

3 SANDIACRE 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 four 3 SANDIACRE LANE sales between March 1999 and November 2017 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 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 SANDIACRE LANE?

3 SANDIACRE LANE is 66m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% 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 SANDIACRE LANE lies on this distribution: 16% of detached houses are smaller than 3 SANDIACRE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

3 SANDIACRE LANE: Plot and Title Map

3 SANDIACRE LANE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 SANDIACRE 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 SANDIACRE 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 SANDIACRE LANE?

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