5, LYNN ROAD, SOUTHERY, DOWNHAM MARKET, PE38 0HU - £162,500

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

5 LYNN ROAD is a midsized extended detached house of 111m², built sometime before 1900. It was last sold for £162,500 in November 2018, which was around 46% below the average November 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

5 LYNN ROAD Sold Prices

Land registry data shows four sales for 5 LYNN ROAD since 1^st January 1995. The below table shows the price paid for the four 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 four 5 LYNN 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 9 NOV	£162,500	£299,645	46% below HPI
2016 31 OCT	£120,000	£263,996	55% below HPI
2016 28 OCT	£155,000	£263,996	41% below HPI
2007 8 JUN	£155,000	£213,393	27% below HPI

5 LYNN 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 four 5 LYNN ROAD sales between June 2007 and November 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 October 2016 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the November 2018 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 5 LYNN ROAD?

5 LYNN ROAD is 111m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Southery, based on EPC data. The below chart shows the distribution of detached houses by size in Southery, and where 5 LYNN ROAD lies on this distribution: 48% of detached houses are smaller than 5 LYNN ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Southery.

5 LYNN ROAD: Plot and Title Map

5 LYNN ROAD sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 5 LYNN 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 LYNN 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 5 LYNN ROAD?

5 LYNN ROAD is located in SOUTHERY, in the PE38 postcode district. The below map shows the position of No. 5 on LYNN ROAD.