5, MASEFIELD DRIVE, DOWNHAM MARKET, PE38 9TS - £284,000

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

5 MASEFIELD DRIVE is a midsized extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £284,000 in December 2021, which was around 16% below the average December 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

5 MASEFIELD DRIVE Sold Prices

Land registry data shows two sales for 5 MASEFIELD DRIVE 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 5 MASEFIELD DRIVE 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
2021 14 DEC	£284,000	£336,769	16% below HPI
2000 2 JUN	£111,150	£92,384	20% above HPI

5 MASEFIELD DRIVE 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 5 MASEFIELD DRIVE sales from June 2000 and December 2021 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 2000 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 MASEFIELD DRIVE?

5 MASEFIELD DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 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 5 MASEFIELD DRIVE lies on this distribution: 57% of detached houses are smaller than 5 MASEFIELD DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

5 MASEFIELD DRIVE: Plot and Title Map

5 MASEFIELD DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 5 MASEFIELD DRIVE, 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 MASEFIELD DRIVE). 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 MASEFIELD DRIVE?

5 MASEFIELD DRIVE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 5 on MASEFIELD DRIVE.