4, RUSKIN PLACE, DOWNHAM MARKET, PE38 9LA - £315,000

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 RUSKIN PLACE is a very large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £315,000 in June 2023, which was around 13% below the average June 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

4 RUSKIN PLACE Sold Prices

Land registry data shows four sales for 4 RUSKIN PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the four 4 RUSKIN PLACE 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
2023 30 JUN	£315,000	£363,024	13% below HPI
2014 14 FEB	£190,000	£217,077	12% below HPI
2004 23 AUG	£183,000	£185,175	1% below HPI
2002 22 MAR	£129,000	£118,818	9% above HPI

4 RUSKIN PLACE 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 four 4 RUSKIN PLACE sales between March 2002 and June 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 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 RUSKIN PLACE?

4 RUSKIN PLACE is 129m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 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 RUSKIN PLACE lies on this distribution: 81% of detached houses are smaller than 4 RUSKIN PLACE, and 18% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 RUSKIN PLACE: Plot and Title Map

4 RUSKIN PLACE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 4 RUSKIN PLACE, 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 RUSKIN PLACE). 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 RUSKIN PLACE?

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