59, THE DROVE, BARROWAY DROVE, DOWNHAM MARKET, PE38 0AJ - £565,000

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

59 THE DROVE is a small extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £565,000 in March 2022, which was around 64% above the average March 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

59 THE DROVE Sold Prices

Land registry data shows four sales for 59 THE DROVE 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. Most of the four 59 THE DROVE 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
2022 25 MAR	£565,000	£344,475	64% above HPI
2018 31 AUG	£525,000	£291,056	80% above HPI
2009 27 NOV	£190,000	£195,362	3% below HPI
2003 18 NOV	£250,000	£162,697	54% above HPI

59 THE DROVE 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 59 THE DROVE sales between November 2003 and March 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 August 2018 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2022 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 59 THE DROVE?

59 THE DROVE is 107m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses in Barroway Drove, based on EPC data. The below chart shows the distribution of detached houses by size in Barroway Drove, and where 59 THE DROVE lies on this distribution: 33% of detached houses are smaller than 59 THE DROVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Barroway Drove.

59 THE DROVE: Plot and Title Map

59 THE DROVE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 59 THE DROVE, 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 59 THE DROVE). 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 59 THE DROVE?

59 THE DROVE is located in BARROWAY DROVE, in the PE38 postcode district. The below map shows the position of No. 59 on THE DROVE.