48, DOWNHAM ROAD, OUTWELL, WISBECH, PE14 8SE - £225,000

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

48 DOWNHAM ROAD is a small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £225,000 in May 2023, which was around 37% below the average May 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

48 DOWNHAM ROAD Sold Prices

Land registry data shows two sales for 48 DOWNHAM 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 48 DOWNHAM 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 19 MAY	£225,000	£356,629	37% below HPI
2008 12 MAY	£179,000	£211,544	15% below HPI

48 DOWNHAM 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 48 DOWNHAM ROAD sales from May 2008 and May 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 May 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 48 DOWNHAM ROAD?

48 DOWNHAM ROAD is 88m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses by size in Outwell, and where 48 DOWNHAM ROAD lies on this distribution: 36% of detached houses are smaller than 48 DOWNHAM ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Outwell.

48 DOWNHAM ROAD: Plot and Title Map

48 DOWNHAM ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 48 DOWNHAM 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 48 DOWNHAM 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 48 DOWNHAM ROAD?

48 DOWNHAM ROAD is located in OUTWELL, in the PE14 postcode district. The below map shows the position of No. 48 on DOWNHAM ROAD.