47, TOWER ROAD, HILGAY, DOWNHAM MARKET, PE38 0JS - £147,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

47 TOWER ROAD is a small extended semi-detached house of 93m², built sometime between 1950 and 1966. It was last sold for £147,000 in June 2024, which was around 58% below the average June 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was B.

47 TOWER ROAD Sold Prices

Land registry data shows five sales for 47 TOWER ROAD since 1^st January 1995. The below table shows the price paid for the five 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 five 47 TOWER 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
2024 25 JUN	£147,000	£350,554	58% below HPI
2017 9 JUN	£90,000	£274,237	67% below HPI
2014 19 SEP	£97,500	£227,189	57% below HPI
2010 21 JUN	£30,000	£208,693	86% below HPI
1997 20 OCT	£18,500	£67,986	73% below HPI

47 TOWER 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 five 47 TOWER ROAD sales between October 1997 and June 2024 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 2017 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the June 2024 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 47 TOWER ROAD?

47 TOWER ROAD is 93m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses by size in Hilgay, and where 47 TOWER ROAD lies on this distribution: 32% of detached houses are smaller than 47 TOWER ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

47 TOWER ROAD: Plot and Title Map

47 TOWER ROAD sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 47 TOWER 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 47 TOWER 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 47 TOWER ROAD?

47 TOWER ROAD is located in HILGAY, in the PE38 postcode district. The below map shows the position of No. 47 on TOWER ROAD.