7, BIRCHWOOD WAY, DOWNHAM MARKET, PE38 9SL - £325,000

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

7 BIRCHWOOD WAY is a midsized detached house of 106m², built sometime between 1967 and 1975. It was last sold for £325,000 in February 2022, which was around 6% below the average February 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

7 BIRCHWOOD WAY Sold Prices

Land registry data shows two sales for 7 BIRCHWOOD 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 7 BIRCHWOOD 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
2022 11 FEB	£325,000	£344,811	6% below HPI
2015 4 AUG	£210,000	£240,979	13% below HPI

7 BIRCHWOOD 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 7 BIRCHWOOD WAY sales from August 2015 and February 2022 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 BIRCHWOOD WAY?

7 BIRCHWOOD WAY is 106m² according to the EPC inspection conducted in February 2015. This puts it in the largest 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 7 BIRCHWOOD WAY lies on this distribution: 59% of detached houses are smaller than 7 BIRCHWOOD WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

7 BIRCHWOOD WAY: Plot and Title Map

7 BIRCHWOOD WAY sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 7 BIRCHWOOD 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 7 BIRCHWOOD 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 7 BIRCHWOOD WAY?

7 BIRCHWOOD WAY is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 7 on BIRCHWOOD WAY.