5, RUBENS WAY, DOWNHAM MARKET, PE38 9LB - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 RUBENS WAY is a large extended detached house of 127m², built sometime between 2003 and 2006, which could now be worth an estimated £318,510. It was last sold for £210,000 in April 2015, which was around 13% below the average April 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was B.

5 RUBENS WAY Sold Prices

Land registry data shows two sales for 5 RUBENS WAY 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 RUBENS WAY 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 10 APR	£210,000	£241,786	13% below HPI
2001 7 DEC	£132,500	£119,909	11% above HPI

5 RUBENS WAY 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 RUBENS WAY sales from December 2001 and April 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 December 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 RUBENS WAY be worth now?

5 RUBENS WAY might now be worth an estimated £318,510.

This is based on house price inflation of 51.7%, between April 2015 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.7% inflationary increase is applied to the most recent sale price for 5 RUBENS WAY of £210,000 on 10th April 2015. For the value to have increased from £210,000 to £318,510 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 5 RUBENS WAY has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The April 2015 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RUBENS WAY has not materially changed since April 2015.

How Large is 5 RUBENS WAY?

5 RUBENS WAY is 127m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where 5 RUBENS WAY lies on this distribution: 80% of detached houses houses are smaller than 5 RUBENS WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

5 RUBENS WAY: Plot and Title Map

5 RUBENS WAY sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 5 RUBENS WAY, 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 RUBENS WAY). 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 RUBENS WAY?

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