4, HERON CLOSE, DOWNHAM MARKET, PE38 9QD - £185,000

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 HERON CLOSE is a midsized detached house of 92m², built sometime between 1983 and 1990. It was last sold for £185,000 in February 2015, which was around 20% below the average February 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

4 HERON CLOSE Sold Prices

Land registry data shows two sales for 4 HERON 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. One of the two 4 HERON CLOSE sales was for below the average price, whilst the other 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
2015 11 FEB	£185,000	£229,816	20% below HPI
1999 11 JAN	£78,000	£73,008	7% above HPI

4 HERON 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 4 HERON CLOSE sales from January 1999 and February 2015 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 January 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 HERON CLOSE?

4 HERON CLOSE is 92m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% 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 HERON CLOSE lies on this distribution: 46% of detached houses are smaller than 4 HERON CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 HERON CLOSE: Plot and Title Map

4 HERON CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 4 HERON 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 HERON 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 HERON CLOSE?

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