4, TURNER WAY, DOWNHAM MARKET, PE38 9NW - £240,000

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 TURNER WAY is a large detached house of 117m², built sometime between 1996 and 2002. It was last sold for £240,000 in July 2020, which was around 20% below the average July 2020 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 D, and the potential energy rating was C.

4 TURNER WAY Sold Prices

Land registry data shows three sales for 4 TURNER 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. One of the three 4 TURNER WAY sales was for below the average price, whilst two were 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
2020 17 JUL	£240,000	£298,565	20% below HPI
2009 16 JAN	£218,000	£190,698	14% above HPI
2003 25 JUL	£166,495	£158,728	5% above HPI

4 TURNER 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 TURNER WAY sales between July 2003 and July 2020 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 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 TURNER WAY?

4 TURNER WAY is 117m² according to the EPC inspection conducted in September 2015. 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 TURNER WAY lies on this distribution: 71% of detached houses are smaller than 4 TURNER WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 TURNER WAY: Plot and Title Map

4 TURNER WAY sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 4 TURNER 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 TURNER 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 TURNER WAY?

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