49A, LONDON ROAD, DOWNHAM MARKET, PE38 9AT - £260,000

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

49A LONDON ROAD is a midsized detached house of 94m², built sometime between 1967 and 1975. It was last sold for £260,000 in June 2019, which was around 11% below the average June 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

49A LONDON ROAD Sold Prices

Land registry data shows two sales for 49A LONDON 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 49A LONDON 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
2019 18 JUN	£260,000	£291,499	11% below HPI
2012 11 DEC	£180,000	£208,789	14% below HPI

49A LONDON 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 49A LONDON ROAD sales from December 2012 and June 2019 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 December 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 49A LONDON ROAD?

49A LONDON ROAD is 94m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% 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 49A LONDON ROAD lies on this distribution: 49% of detached houses are smaller than 49A LONDON ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

49A LONDON ROAD: Plot and Title Map

49A LONDON ROAD sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 49A LONDON 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 49A LONDON 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 49A LONDON ROAD?

49A LONDON ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 49A on LONDON ROAD.