3A, COMMON LANE, SOUTHERY, DOWNHAM MARKET, PE38 0PB - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3A COMMON LANE is a very large extended detached house of 147m². It was last sold for £175,000 in December 2009, which was around 11% below the average December 2009 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

3A COMMON LANE Sold Prices

Land registry data shows three sales for 3A COMMON LANE 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 3A COMMON LANE 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
2009 18 DEC	£175,000	£195,637	11% below HPI
2005 25 OCT	£160,000	£194,644	18% below HPI
1998 31 MAR	£80,000	£69,841	15% above HPI

3A COMMON 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 three 3A COMMON LANE sales between March 1998 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 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2009 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3A COMMON LANE?

3A COMMON LANE is 147m², which includes two extensions, according to the EPC inspection conducted in October 2009. This puts it in the largest 20% of detached houses in Southery, based on EPC data. The below chart shows the distribution of detached houses by size in Southery, and where 3A COMMON LANE lies on this distribution: 80% of detached houses are smaller than 3A COMMON LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Southery.

3A COMMON LANE: Plot and Title Map

3A COMMON LANE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 3A COMMON 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 3A COMMON 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 3A COMMON LANE?

3A COMMON LANE is located in SOUTHERY, in the PE38 postcode district. The below map shows the position of No. 3A on COMMON LANE.