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
5 KEW ROAD is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £195,000 in October 2018, which was around 35% below the average October 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 KEW ROAD since 1st January 1995. The below table shows the price paid for the three 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 three 5 KEW 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 |
---|---|---|---|
2018 31 OCT | £195,000 | £297,977 | 35% below HPI |
2008 12 SEP | £143,000 | £211,190 | 32% below HPI |
1995 31 JUL | £50,000 | £59,266 | 16% below HPI |
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 three 5 KEW ROAD sales between July 1995 and October 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 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
5 KEW ROAD is 54m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 5 KEW ROAD lies on this distribution: 1% of detached houses are smaller than 5 KEW ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Downham Market.
5 KEW ROAD sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 5 KEW 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 5 KEW 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.
5 KEW ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 5 on KEW ROAD.