4, JUBILEE CLOSE, DOWNHAM MARKET, PE38 9NE - £218,750

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 JUBILEE CLOSE is a very small extended detached house of 62m², built sometime between 1950 and 1966. It was last sold for £218,750 in August 2019, which was around 26% below the average August 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

4 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 4 JUBILEE 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. Both of the two 4 JUBILEE CLOSE sales were 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
2019 7 AUG	£218,750	£296,171	26% below HPI
2017 15 MAY	£185,000	£271,048	32% below HPI

4 JUBILEE 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 JUBILEE CLOSE sales from May 2017 and August 2019 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 May 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 JUBILEE CLOSE?

4 JUBILEE CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 JUBILEE CLOSE lies on this distribution: 12% of detached houses are smaller than 4 JUBILEE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 JUBILEE CLOSE: Plot and Title Map

4 JUBILEE CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 4 JUBILEE 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 JUBILEE 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 JUBILEE CLOSE?

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