41, LYNN ROAD, DOWNHAM MARKET, PE38 9NP - £70,000

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

41 LYNN ROAD is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £70,000 in March 2007, which was around 66% below the average March 2007 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

41 LYNN ROAD Sold Prices

Land registry data shows three sales for 41 LYNN ROAD 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 41 LYNN 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
2007 16 MAR	£70,000	£205,668	66% below HPI
2003 22 MAY	£130,000	£148,022	12% below HPI
1998 22 DEC	£46,000	£73,848	38% below HPI

41 LYNN 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 three 41 LYNN ROAD sales between December 1998 and March 2007 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 May 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2007 sale, where it falls to 66% below the HPI. The line then continues to track at 66% below the HPI.

How Large is 41 LYNN ROAD?

41 LYNN ROAD is 67m² according to the EPC inspection conducted in September 2021. 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 41 LYNN ROAD lies on this distribution: 16% of detached houses are smaller than 41 LYNN ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

41 LYNN ROAD: Plot and Title Map

41 LYNN ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 41 LYNN 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 41 LYNN 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 41 LYNN ROAD?

41 LYNN ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 41 on LYNN ROAD.