6, HOLLY CLOSE, DOWNHAM MARKET, PE38 9PX - £215,000

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

6 HOLLY CLOSE is a small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £215,000 in March 2021, which was around 32% below the average March 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

6 HOLLY CLOSE Sold Prices

Land registry data shows four sales for 6 HOLLY 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 6 HOLLY 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
2021 5 MAR	£215,000	£316,180	32% below HPI
2003 12 NOV	£164,000	£162,697	1% above HPI
1999 9 AUG	£75,000	£82,776	9% below HPI
1997 6 JUN	£69,500	£66,822	4% above HPI

6 HOLLY 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 6 HOLLY CLOSE sales between June 1997 and March 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 November 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 6 HOLLY CLOSE?

6 HOLLY CLOSE is 73m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 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 6 HOLLY CLOSE lies on this distribution: 22% of detached houses are smaller than 6 HOLLY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

6 HOLLY CLOSE: Plot and Title Map

6 HOLLY CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 6 HOLLY 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 6 HOLLY 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 6 HOLLY CLOSE?

6 HOLLY CLOSE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 6 on HOLLY CLOSE.