3, STRADSETT CLOSE, DOWNHAM MARKET, PE38 9NY - £176,500

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 STRADSETT CLOSE is a midsized extended detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £295,295. It was last sold for £176,500 in December 2013, which was around 19% below the average December 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

3 STRADSETT CLOSE Sold Prices

Land registry data shows three sales for 3 STRADSETT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Two of the three 3 STRADSETT CLOSE sales were for below the average price, whilst one 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
2013 20 DEC	£176,500	£219,191	19% below HPI
2002 5 APR	£124,950	£123,291	1% above HPI
2001 2 JAN	£97,995	£101,827	4% below HPI

3 STRADSETT 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 three 3 STRADSETT CLOSE sales between January 2001 and December 2013 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 April 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 STRADSETT CLOSE be worth now?

3 STRADSETT CLOSE might now be worth an estimated £295,295.

This is based on house price inflation of 67.3%, between December 2013 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 67.3% inflationary increase is applied to the most recent sale price for 3 STRADSETT CLOSE of £176,500 on 20th December 2013. For the value to have increased from £176,500 to £295,295 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 STRADSETT CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The December 2013 sale price of £176,500 represented a fair market value for the property.
• The size, condition, and specification of 3 STRADSETT CLOSE has not materially changed since December 2013.

How Large is 3 STRADSETT CLOSE?

3 STRADSETT CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 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 STRADSETT CLOSE lies on this distribution: 60% of detached houses houses are smaller than 3 STRADSETT CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

3 STRADSETT CLOSE: Plot and Title Map

3 STRADSETT CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 3 STRADSETT 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 STRADSETT 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 STRADSETT CLOSE?

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