4, SANDIACRE LANE, DOWNHAM MARKET, PE38 9BF - £205,000

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 SANDIACRE LANE is a very small detached house of 64m², built sometime from 2007 onwards. It was last sold for £205,000 in February 2016, which was around 17% below the average February 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

4 SANDIACRE LANE Sold Prices

Land registry data shows two sales for 4 SANDIACRE LANE 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 SANDIACRE LANE sales was for below the average price, whilst the other was roughly equal to 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
2016 8 FEB	£205,000	£247,535	17% below HPI
2008 25 JAN	£220,000	£220,135	Close to HPI

4 SANDIACRE LANE 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 SANDIACRE LANE sales from January 2008 and February 2016 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 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 SANDIACRE LANE?

4 SANDIACRE LANE is 64m² according to the EPC inspection conducted in September 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 SANDIACRE LANE lies on this distribution: 14% of detached houses are smaller than 4 SANDIACRE LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 SANDIACRE LANE: Plot and Title Map

4 SANDIACRE LANE sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 4 SANDIACRE LANE, 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 SANDIACRE LANE). 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 SANDIACRE LANE?

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