3, STUBBS CLOSE, DOWNHAM MARKET, PE38 9NH - £225,000

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 STUBBS CLOSE is a large extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £225,000 in December 2009, which was around 15% above the average December 2009 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

3 STUBBS CLOSE Sold Prices

Land registry data shows two sales for 3 STUBBS 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. Both of the two 3 STUBBS CLOSE sales were 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
2009 18 DEC	£225,000	£195,637	15% above HPI
2003 31 OCT	£197,995	£167,921	18% above HPI

3 STUBBS 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 STUBBS CLOSE sales from October 2003 and December 2009 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 October 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2009 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 STUBBS CLOSE?

3 STUBBS CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in September 2015. 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 STUBBS CLOSE lies on this distribution: 79% of detached houses are smaller than 3 STUBBS CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

3 STUBBS CLOSE: Plot and Title Map

3 STUBBS CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 3 STUBBS 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 STUBBS 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 STUBBS CLOSE?

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