7A, FERRY BANK, SOUTHERY, DOWNHAM MARKET, PE38 0PL - £273,500

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

7A FERRY BANK is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £273,500 in July 2018, which was around 4% below the average July 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

7A FERRY BANK Sold Prices

Land registry data shows three sales for 7A FERRY BANK 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. Two of the three 7A FERRY BANK sales were for below the average price, whilst one was for above 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
2018 9 JUL	£273,500	£286,069	4% below HPI
2003 17 APR	£155,000	£148,357	4% above HPI
2000 21 JAN	£80,000	£84,123	5% below HPI

7A FERRY BANK 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 7A FERRY BANK sales between January 2000 and July 2018 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 April 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7A FERRY BANK?

7A FERRY BANK is 116m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 50% of detached houses in Southery, based on EPC data. The below chart shows the distribution of detached houses by size in Southery, and where 7A FERRY BANK lies on this distribution: 51% of detached houses are smaller than 7A FERRY BANK, and 48% of houses are larger. Note that EPC data is not available for all properties in Southery.

7A FERRY BANK: Plot and Title Map

7A FERRY BANK sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 7A FERRY BANK, 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 7A FERRY BANK). 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 7A FERRY BANK?

7A FERRY BANK is located in SOUTHERY, in the PE38 postcode district. The below map shows the position of No. 7A on FERRY BANK.