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
7 BEECH ROAD is a small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £289,995 in September 2021, which was around 9% below the average September 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 7 BEECH ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the five 7 BEECH ROAD 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 29 SEP | £289,995 | £318,711 | 9% below HPI |
2015 26 FEB | £185,000 | £229,816 | 20% below HPI |
2013 22 MAR | £162,500 | £197,906 | 18% below HPI |
2004 16 JUL | £142,000 | £184,385 | 23% below HPI |
2002 29 NOV | £129,995 | £142,417 | 9% below HPI |
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 five 7 BEECH ROAD sales between November 2002 and September 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 February 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
7 BEECH ROAD is 75m² according to the EPC inspection conducted in January 2013. 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 7 BEECH ROAD lies on this distribution: 24% of detached houses are smaller than 7 BEECH ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Downham Market.
7 BEECH ROAD sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 7 BEECH ROAD, 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 7 BEECH ROAD). 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.
7 BEECH ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 7 on BEECH ROAD.