4, BURDOCK CLOSE, DOWNHAM MARKET, PE38 9AZ - £355,000

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.

4 BURDOCK CLOSE is a small detached house of 84m², built sometime between 2003 and 2006, which could now be worth an estimated £341,010. It was last sold for £355,000 in August 2023, which was around 7% below the average August 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

4 BURDOCK CLOSE Sold Prices

Land registry data shows three sales for 4 BURDOCK 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. One of the three 4 BURDOCK CLOSE sales was for below the average price, whilst two 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
2023 2 AUG	£355,000	£381,765	7% below HPI
2007 28 FEB	£250,000	£209,048	20% above HPI
2006 17 FEB	£221,995	£195,974	13% above HPI

4 BURDOCK 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 4 BURDOCK CLOSE sales between February 2006 and August 2023 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 February 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 BURDOCK CLOSE be worth now?

4 BURDOCK CLOSE might now be worth an estimated £341,010.

This is based on house price deflation of 3.9%, between August 2023 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 3.9% deflationary decrease is applied to the most recent sale price for 4 BURDOCK CLOSE of £355,000 on 2nd August 2023. For the value to have decreased from £355,000 to £341,010 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 4 BURDOCK CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2023 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BURDOCK CLOSE has not materially changed since August 2023.

How Large is 4 BURDOCK CLOSE?

4 BURDOCK CLOSE is 84m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% 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 4 BURDOCK CLOSE lies on this distribution: 37% of detached houses houses are smaller than 4 BURDOCK CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 BURDOCK CLOSE: Plot and Title Map

4 BURDOCK CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 4 BURDOCK 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 4 BURDOCK 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 4 BURDOCK CLOSE?

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