5, SHERWOOD CLOSE, DOWNHAM MARKET, PE38 9JH - £415,000

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 SHERWOOD CLOSE is a large detached house of 119m². It was last sold for £415,000 in June 2021, which was around 29% above the average June 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was A.

5 SHERWOOD CLOSE Sold Prices

Land registry data shows three sales for 5 SHERWOOD CLOSE since 1^st 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 SHERWOOD CLOSE sales were 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 9 JUN	£415,000	£321,785	29% above HPI
2021 26 FEB	£407,500	£313,276	30% above HPI
2020 18 DEC	£407,500	£316,520	29% above HPI

5 SHERWOOD CLOSE 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 three 5 SHERWOOD CLOSE sales between December 2020 and June 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 February 2021 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 5 SHERWOOD CLOSE?

5 SHERWOOD CLOSE is 119m² according to the EPC inspection conducted in November 2020. This puts it in the largest 30% 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 SHERWOOD CLOSE lies on this distribution: 74% of detached houses are smaller than 5 SHERWOOD CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

5 SHERWOOD CLOSE: Plot and Title Map

5 SHERWOOD CLOSE sits on a plot of roughly 0.212 of an acre, or 856m². The below map shows the location of 5 SHERWOOD CLOSE, 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 SHERWOOD CLOSE). 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 SHERWOOD CLOSE?

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