57, GREENWICH CLOSE, DOWNHAM MARKET, PE38 9TW - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

57 GREENWICH CLOSE is a midsized detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £336,207. It was last sold for £350,000 in August 2023, which was around 8% below the average August 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

57 GREENWICH CLOSE Sold Prices

Land registry data shows four sales for 57 GREENWICH CLOSE since 1^st January 1995. The below table shows the price paid for the four 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 four 57 GREENWICH CLOSE sales were for below the average price, and four 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
2023 14 AUG	£350,000	£381,765	8% below HPI
2010 16 JUL	£220,000	£217,398	1% above HPI
2005 9 MAR	£210,000	£186,597	13% above HPI
2002 31 JAN	£54,689	£123,738	56% below HPI

57 GREENWICH 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 four 57 GREENWICH CLOSE sales between January 2002 and August 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 July 2010 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 57 GREENWICH CLOSE be worth now?

57 GREENWICH CLOSE might now be worth an estimated £336,207.

This is based on house price deflation of 3.9%, between August 2023 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 3.9% deflationary decrease is applied to the most recent sale price for 57 GREENWICH CLOSE of £350,000 on 14th August 2023. For the value to have decreased from £350,000 to £336,207 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 57 GREENWICH CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 57 GREENWICH CLOSE has not materially changed since August 2023.

How Large is 57 GREENWICH CLOSE?

57 GREENWICH CLOSE is 95m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% 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 57 GREENWICH CLOSE lies on this distribution: 49% of detached houses houses are smaller than 57 GREENWICH CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

57 GREENWICH CLOSE: Plot and Title Map

57 GREENWICH CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 57 GREENWICH 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 57 GREENWICH 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 57 GREENWICH CLOSE?

57 GREENWICH CLOSE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 57 on GREENWICH CLOSE.