4, NILE ROAD, DOWNHAM MARKET, PE38 9SA - £180,000

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 NILE ROAD is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £180,000 in February 2006, which was around 6% below the average February 2006 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

4 NILE ROAD Sold Prices

Land registry data shows three sales for 4 NILE ROAD 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 NILE ROAD 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
2006 28 FEB	£180,000	£190,705	6% below HPI
2003 15 OCT	£172,500	£167,921	3% above HPI
1999 15 OCT	£62,500	£85,394	27% below HPI

4 NILE ROAD 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 NILE ROAD sales between October 1999 and February 2006 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 October 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2006 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 NILE ROAD?

4 NILE ROAD is 69m² according to the EPC inspection conducted in February 2015. 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 NILE ROAD lies on this distribution: 18% of detached houses are smaller than 4 NILE ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 NILE ROAD: Plot and Title Map

4 NILE ROAD sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 4 NILE ROAD, 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 NILE ROAD). 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 NILE ROAD?

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