8, DOWNHAM ROAD, OUTWELL, WISBECH, PE14 8SE - £395,000

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 DOWNHAM ROAD is a very large extended detached house of 159m², built sometime before 1900. It was last sold for £395,000 in August 2022, which was around 7% above the average August 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was F, and the potential energy rating was C.

8 DOWNHAM ROAD Sold Prices

Land registry data shows two sales for 8 DOWNHAM ROAD 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 8 DOWNHAM ROAD sales were 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
2022 22 AUG	£395,000	£369,609	7% above HPI
1997 31 OCT	£80,000	£67,986	18% above HPI

8 DOWNHAM ROAD 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 8 DOWNHAM ROAD sales from October 1997 and August 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 October 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 8 DOWNHAM ROAD?

8 DOWNHAM ROAD is 159m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses by size in Outwell, and where 8 DOWNHAM ROAD lies on this distribution: 83% of detached houses are smaller than 8 DOWNHAM ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Outwell.

8 DOWNHAM ROAD: Plot and Title Map

8 DOWNHAM ROAD sits on a plot of roughly 0.200 of an acre, or 811m². The below map shows the location of 8 DOWNHAM ROAD, 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 DOWNHAM ROAD). 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 DOWNHAM ROAD?

8 DOWNHAM ROAD is located in OUTWELL, in the PE14 postcode district. The below map shows the position of No. 8 on DOWNHAM ROAD.