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

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.

6 HOLLY CLOSE is a small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £242,661. It was last sold for £215,000 in March 2021, which was around 34% 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. Most of the four 6 HOLLY CLOSE 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
2021 5 MAR	£215,000	£324,917	34% below HPI
2003 12 NOV	£164,000	£167,193	2% below HPI
1999 9 AUG	£75,000	£85,063	12% below HPI
1997 6 JUN	£69,500	£68,668	1% 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 6 HOLLY CLOSE be worth now?

6 HOLLY CLOSE might now be worth an estimated £242,661.

This is based on house price inflation of 12.9%, between March 2021 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 12.9% inflationary increase is applied to the most recent sale price for 6 HOLLY CLOSE of £215,000 on 5th March 2021. For the value to have increased from £215,000 to £242,661 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 6 HOLLY CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HOLLY CLOSE has not materially changed since March 2021.

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 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 6 HOLLY CLOSE lies on this distribution: 22% of detached houses 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.