4, WILLOW ROAD, DOWNHAM MARKET, PE38 9PG - £290,000

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 WILLOW ROAD is a large extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £290,000 in February 2023, which was around 23% below the average February 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was B.

4 WILLOW ROAD Sold Prices

Land registry data shows two sales for 4 WILLOW ROAD 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. Both of the two 4 WILLOW ROAD 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 3 FEB	£290,000	£376,168	23% below HPI
2007 5 APR	£182,500	£207,487	12% below HPI

4 WILLOW 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 two 4 WILLOW ROAD sales from April 2007 and February 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 April 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 WILLOW ROAD?

4 WILLOW ROAD is 112m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% 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 WILLOW ROAD lies on this distribution: 65% of detached houses are smaller than 4 WILLOW ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 WILLOW ROAD: Plot and Title Map

4 WILLOW ROAD sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 4 WILLOW 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 WILLOW 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 WILLOW ROAD?

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