5, WAYLAND WALK, DOWNHAM MARKET, PE38 9TE - £300,000

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 WAYLAND WALK is a midsized detached house of 95m², built sometime between 1983 and 1990. It was last sold for £300,000 in September 2022, which was around 20% below the average September 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

5 WAYLAND WALK Sold Prices

Land registry data shows two sales for 5 WAYLAND WALK 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. Both of the two 5 WAYLAND WALK 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
2022 26 SEP	£300,000	£373,483	20% below HPI
2021 12 MAY	£214,000	£315,796	32% below HPI

5 WAYLAND WALK 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 WAYLAND WALK sales from May 2021 and September 2022 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 May 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 WAYLAND WALK?

5 WAYLAND WALK is 95m² according to the EPC inspection conducted in October 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 WAYLAND WALK lies on this distribution: 49% of detached houses are smaller than 5 WAYLAND WALK, and 50% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

5 WAYLAND WALK: Plot and Title Map

5 WAYLAND WALK sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 5 WAYLAND WALK, 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 WAYLAND WALK). 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 WAYLAND WALK?

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