40, LONDON ROAD, DOWNHAM MARKET, PE38 9AT - £271,000

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

40 LONDON ROAD is a very large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £271,000 in May 2015, which was around 15% above the average May 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

40 LONDON ROAD Sold Prices

Land registry data shows two sales for 40 LONDON 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 40 LONDON ROAD sales 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
2015 28 MAY	£271,000	£236,329	15% above HPI
2000 27 NOV	£137,500	£100,332	37% above HPI

40 LONDON 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 40 LONDON ROAD sales from November 2000 and May 2015 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 November 2000 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 40 LONDON ROAD?

40 LONDON ROAD is 172m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the largest 10% 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 40 LONDON ROAD lies on this distribution: 95% of detached houses are smaller than 40 LONDON ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

40 LONDON ROAD: Plot and Title Map

40 LONDON ROAD sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 40 LONDON 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 40 LONDON 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 40 LONDON ROAD?

40 LONDON ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 40 on LONDON ROAD.