6, ROUSES LANE, DOWNHAM MARKET, PE38 9AN - £221,000

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 ROUSES LANE is a midsized extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £221,000 in February 2021, which was around 29% below the average February 2021 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 ROUSES LANE Sold Prices

Land registry data shows two sales for 6 ROUSES LANE 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 ROUSES LANE 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 15 FEB	£221,000	£313,276	29% below HPI
1999 27 AUG	£68,000	£82,776	18% below HPI

6 ROUSES LANE 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 ROUSES LANE sales from August 1999 and February 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 August 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 6 ROUSES LANE?

6 ROUSES LANE is 87m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% 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 ROUSES LANE lies on this distribution: 40% of detached houses are smaller than 6 ROUSES LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

6 ROUSES LANE: Plot and Title Map

6 ROUSES LANE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 6 ROUSES LANE, 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 ROUSES LANE). 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 ROUSES LANE?

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