4, SORREL WAY, DOWNHAM MARKET, PE38 9UD - £199,995

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 SORREL WAY is a large detached house of 124m², built sometime between 2003 and 2006. It was last sold for £199,995 in August 2014, which was around 11% below the average August 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

4 SORREL WAY Sold Prices

Land registry data shows three sales for 4 SORREL WAY 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. All of the three 4 SORREL WAY 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
2014 14 AUG	£199,995	£224,071	11% below HPI
2008 4 JUN	£205,500	£213,511	4% below HPI
2002 16 MAY	£49,815	£122,014	59% below HPI

4 SORREL WAY 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 SORREL WAY sales between May 2002 and August 2014 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 June 2008 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 4 SORREL WAY?

4 SORREL WAY is 124m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% 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 SORREL WAY lies on this distribution: 78% of detached houses are smaller than 4 SORREL WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 SORREL WAY: Plot and Title Map

4 SORREL WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 4 SORREL WAY, 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 SORREL WAY). 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 SORREL WAY?

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