7, HOLTS LANE, HILGAY, DOWNHAM MARKET, PE38 0JG - £155,950

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 HOLTS LANE is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £155,950 in March 2016, which was around 39% 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 2016, where the current energy rating was E, and the potential energy rating was C.

7 HOLTS LANE Sold Prices

Land registry data shows two sales for 7 HOLTS 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 7 HOLTS 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
2016 15 MAR	£155,950	£255,469	39% below HPI
2001 24 OCT	£87,000	£113,336	23% below HPI

7 HOLTS 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 7 HOLTS LANE sales from October 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 October 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 HOLTS LANE?

7 HOLTS LANE is 77m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses by size in Hilgay, and where 7 HOLTS LANE lies on this distribution: 16% of detached houses are smaller than 7 HOLTS LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

7 HOLTS LANE: Plot and Title Map

7 HOLTS LANE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 7 HOLTS 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 7 HOLTS 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 7 HOLTS LANE?

7 HOLTS LANE is located in HILGAY, in the PE38 postcode district. The below map shows the position of No. 7 on HOLTS LANE.