7, HOWDALE RISE, DOWNHAM MARKET, PE38 9AJ - £248,000

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 HOWDALE RISE is a very small extended detached house of 65m², built sometime between 1950 and 1966. It was last sold for £248,000 in March 2024, which was around 30% below the average March 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

7 HOWDALE RISE Sold Prices

Land registry data shows three sales for 7 HOWDALE RISE since 1^st January 1995. The below table shows the price paid for the three 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 three 7 HOWDALE RISE 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
2024 11 MAR	£248,000	£353,998	30% below HPI
2022 4 JUL	£230,000	£360,693	36% below HPI
2003 24 OCT	£130,000	£167,921	23% below HPI

7 HOWDALE RISE 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 three 7 HOWDALE RISE sales between October 2003 and March 2024 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 July 2022 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 HOWDALE RISE?

7 HOWDALE RISE is 65m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% 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 HOWDALE RISE lies on this distribution: 15% of detached houses are smaller than 7 HOWDALE RISE, and 84% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

7 HOWDALE RISE: Plot and Title Map

7 HOWDALE RISE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 7 HOWDALE RISE, 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 HOWDALE RISE). 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 HOWDALE RISE?

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