8, ALEXANDRA WAY, DOWNHAM MARKET, PE38 9TF - £181,000

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

8 ALEXANDRA WAY is a very small semi-detached house of 55m², built sometime between 1991 and 1995. It was last sold for £181,000 in November 2017, which was around 38% below the average November 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

8 ALEXANDRA WAY Sold Prices

Land registry data shows three sales for 8 ALEXANDRA WAY 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 8 ALEXANDRA 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
2017 17 NOV	£181,000	£289,752	38% below HPI
2012 1 JUN	£125,000	£203,197	38% below HPI
2004 19 APR	£119,995	£168,073	29% below HPI

8 ALEXANDRA 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 three 8 ALEXANDRA WAY sales between April 2004 and November 2017 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 June 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2017 sale, which was also at 38% below the HPI.

How Large is 8 ALEXANDRA WAY?

8 ALEXANDRA WAY is 55m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% 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 8 ALEXANDRA WAY lies on this distribution: 1% of detached houses are smaller than 8 ALEXANDRA WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

8 ALEXANDRA WAY: Plot and Title Map

8 ALEXANDRA WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 8 ALEXANDRA 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 8 ALEXANDRA 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 8 ALEXANDRA WAY?

8 ALEXANDRA WAY is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 8 on ALEXANDRA WAY.