72, THE DROVE, BARROWAY DROVE, DOWNHAM MARKET, PE38 0AJ - £165,000

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

72 THE DROVE is a very small extended detached house of 64m², built sometime before 1900. It was last sold for £165,000 in December 2022, which was around 57% below the average December 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was F, and the potential energy rating was D.

72 THE DROVE Sold Prices

Land registry data shows three sales for 72 THE DROVE 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 72 THE DROVE 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 9 DEC	£165,000	£382,303	57% below HPI
2015 1 JUL	£122,000	£241,060	49% below HPI
2006 24 AUG	£115,000	£199,841	42% below HPI

72 THE DROVE 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 72 THE DROVE sales between August 2006 and December 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 July 2015 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2022 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 72 THE DROVE?

72 THE DROVE is 64m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Barroway Drove, based on EPC data. The below chart shows the distribution of detached houses by size in Barroway Drove, and where 72 THE DROVE lies on this distribution: 3% of detached houses are smaller than 72 THE DROVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Barroway Drove.

72 THE DROVE: Plot and Title Map

72 THE DROVE sits on a plot of roughly 0.151 of an acre, or 609m². The below map shows the location of 72 THE DROVE, 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 72 THE DROVE). 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 72 THE DROVE?

72 THE DROVE is located in BARROWAY DROVE, in the PE38 postcode district. The below map shows the position of No. 72 on THE DROVE.