48, HILLCREST, DOWNHAM MARKET, PE38 9QW - £220,500

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 HILLCREST is a large semi-detached house of 115m², built sometime between 1996 and 2002. It was last sold for £220,500 in August 2015, which was around 8% below the average August 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

48 HILLCREST Sold Prices

Land registry data shows two sales for 48 HILLCREST 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. One of the two 48 HILLCREST sales was for below the average price, whilst the other was 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 7 AUG	£220,500	£240,979	8% below HPI
2002 28 JUN	£152,995	£125,990	21% above HPI

48 HILLCREST 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 HILLCREST sales from June 2002 and August 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 June 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 48 HILLCREST?

48 HILLCREST is 115m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 48 HILLCREST lies on this distribution: 68% of detached houses are smaller than 48 HILLCREST, and 31% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

48 HILLCREST: Plot and Title Map

48 HILLCREST sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 48 HILLCREST, 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 HILLCREST). 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 HILLCREST?

48 HILLCREST is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 48 on HILLCREST.