4, BROADLANDS, DOWNHAM MARKET, PE38 9JB - £368,000

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

4 BROADLANDS is a very large extended detached house of 129m², built sometime between 1976 and 1982. It was last sold for £368,000 in June 2021, which was around 14% above the average June 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

4 BROADLANDS Sold Prices

Land registry data shows two sales for 4 BROADLANDS 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 4 BROADLANDS sales was for above the average price, whilst the other was 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
2021 9 JUN	£368,000	£321,785	14% above HPI
2016 28 APR	£220,000	£252,461	13% below HPI

4 BROADLANDS 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 4 BROADLANDS sales from April 2016 and June 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 April 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 4 BROADLANDS?

4 BROADLANDS is 129m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 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 4 BROADLANDS lies on this distribution: 81% of detached houses are smaller than 4 BROADLANDS, and 18% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 BROADLANDS: Plot and Title Map

4 BROADLANDS sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 4 BROADLANDS, 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 4 BROADLANDS). 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 4 BROADLANDS?

4 BROADLANDS is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 4 on BROADLANDS.