48, DOWNHAM ROAD, WATLINGTON, KING'S LYNN, PE33 0HS - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 DOWNHAM ROAD is a very large extended detached house of 172m², built sometime before 1900, which could now be worth an estimated £508,826. It was last sold for £415,000 in August 2018, which was around 39% above the average August 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

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 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
2018 24 AUG	£415,000	£299,098	39% above HPI
2001 7 SEP	£157,500	£114,526	38% above 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 September 2001 and August 2018 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 September 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2018 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 48 DOWNHAM ROAD be worth now?

48 DOWNHAM ROAD might now be worth an estimated £508,826.

This is based on house price inflation of 22.6%, between August 2018 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.6% inflationary increase is applied to the most recent sale price for 48 DOWNHAM ROAD of £415,000 on 24th August 2018. For the value to have increased from £415,000 to £508,826 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 48 DOWNHAM ROAD has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2018 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 48 DOWNHAM ROAD has not materially changed since August 2018.

How Large is 48 DOWNHAM ROAD?

48 DOWNHAM ROAD is 172m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 10% of detached houses houses in Watlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watlington, and where 48 DOWNHAM ROAD lies on this distribution: 92% of detached houses houses are smaller than 48 DOWNHAM ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Watlington.

48 DOWNHAM ROAD: Plot and Title Map

48 DOWNHAM ROAD sits on a plot of roughly 0.406 of an acre, or 1,642m². 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 WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 48 on DOWNHAM ROAD.