3, STALLION CLOSE, DOWNHAM MARKET, PE38 9GL - £280,000

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 STALLION CLOSE is a large detached house of 125m². It was last sold for £280,000 in January 2021, which was around 10% below the average January 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

3 STALLION CLOSE Sold Prices

Land registry data shows two sales for 3 STALLION CLOSE 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. One of the two 3 STALLION CLOSE sales was for below the average price, whilst the other was 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
2021 29 JAN	£280,000	£311,237	10% below HPI
2014 26 AUG	£250,000	£224,071	12% above HPI

3 STALLION 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 two 3 STALLION CLOSE sales from August 2014 and January 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 August 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 STALLION CLOSE?

3 STALLION CLOSE is 125m² according to the EPC inspection conducted in July 2014. This puts it in the largest 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 STALLION CLOSE lies on this distribution: 78% of detached houses are smaller than 3 STALLION CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

3 STALLION CLOSE: Plot and Title Map

3 STALLION CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 STALLION 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 STALLION 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 STALLION CLOSE?

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