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
53 LYNN ROAD is a large extended detached house of 124m², built sometime between 1900 and 1929. It was last sold for £390,000 in October 2023, which was around 6% above the average October 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 53 LYNN ROAD since 1st 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. Two of the three 53 LYNN ROAD sales were for above the average price, whilst one was 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 |
---|---|---|---|
2023 24 OCT | £390,000 | £369,606 | 6% above HPI |
2017 20 SEP | £315,000 | £282,891 | 11% above HPI |
2016 3 JUN | £235,000 | £250,494 | 6% below HPI |
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 53 LYNN ROAD sales between June 2016 and October 2023 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 September 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
53 LYNN ROAD is 124m², which includes two extensions, according to the EPC inspection conducted in March 2017. 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 53 LYNN ROAD lies on this distribution: 78% of detached houses are smaller than 53 LYNN ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Downham Market.
53 LYNN ROAD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 53 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 53 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.
53 LYNN ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 53 on LYNN ROAD.