6, MILTON WAY, DOWNHAM MARKET, PE38 9QS - £165,000

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 MILTON WAY is a small extended detached house of 73m², built sometime between 1996 and 2002. It was last sold for £165,000 in March 2016, which was around 35% below the average March 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

6 MILTON WAY Sold Prices

Land registry data shows two sales for 6 MILTON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 6 MILTON WAY 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
2016 14 MAR	£165,000	£255,469	35% below HPI
2001 14 DEC	£95,000	£116,684	19% below HPI

6 MILTON WAY 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 two 6 MILTON WAY sales from December 2001 and March 2016 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 December 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 MILTON WAY?

6 MILTON WAY is 73m², which includes two extensions, according to the EPC inspection conducted in January 2020. 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 MILTON WAY lies on this distribution: 22% of detached houses are smaller than 6 MILTON WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

6 MILTON WAY: Plot and Title Map

6 MILTON WAY sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 6 MILTON WAY, 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 MILTON WAY). 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 MILTON WAY?

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