4, BUTTERCUP DRIVE, DOWNHAM MARKET, PE38 9GJ - £297,500

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.

4 BUTTERCUP DRIVE is a very large detached house of 138m², which could now be worth an estimated £336,184. It was last sold for £297,500 in May 2021, which was around 8% below the average May 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was B.

4 BUTTERCUP DRIVE Sold Prices

Land registry data shows three sales for 4 BUTTERCUP DRIVE 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 4 BUTTERCUP DRIVE 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
2021 7 MAY	£297,500	£324,522	8% below HPI
2020 13 FEB	£270,000	£298,332	9% below HPI
2016 29 JUL	£265,000	£262,125	1% above HPI

4 BUTTERCUP DRIVE 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 BUTTERCUP DRIVE sales between July 2016 and May 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 February 2020 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 BUTTERCUP DRIVE be worth now?

4 BUTTERCUP DRIVE might now be worth an estimated £336,184.

This is based on house price inflation of 13%, between May 2021 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 13% inflationary increase is applied to the most recent sale price for 4 BUTTERCUP DRIVE of £297,500 on 7th May 2021. For the value to have increased from £297,500 to £336,184 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 4 BUTTERCUP DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2021 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 4 BUTTERCUP DRIVE has not materially changed since May 2021.

How Large is 4 BUTTERCUP DRIVE?

4 BUTTERCUP DRIVE is 138m² according to the EPC inspection conducted in March 2015. This puts it in the largest 20% 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 BUTTERCUP DRIVE lies on this distribution: 86% of detached houses houses are smaller than 4 BUTTERCUP DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 BUTTERCUP DRIVE: Plot and Title Map

4 BUTTERCUP DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 4 BUTTERCUP DRIVE, 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 BUTTERCUP DRIVE). 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 BUTTERCUP DRIVE?

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