8, GUILTCROSS WAY, DOWNHAM MARKET, PE38 9RE - £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

8 GUILTCROSS WAY is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £165,000 in January 2012, which was around 20% below the average January 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

8 GUILTCROSS WAY Sold Prices

Land registry data shows two sales for 8 GUILTCROSS WAY 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 GUILTCROSS 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
2012 6 JAN	£165,000	£206,552	20% below HPI
2011 12 JAN	£128,000	£210,327	39% below HPI

8 GUILTCROSS 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 two 8 GUILTCROSS WAY sales from January 2011 and January 2012 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 January 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2012 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 GUILTCROSS WAY?

8 GUILTCROSS WAY is 62m² according to the EPC inspection conducted in February 2011. 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 8 GUILTCROSS WAY lies on this distribution: 12% of detached houses are smaller than 8 GUILTCROSS WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

8 GUILTCROSS WAY: Plot and Title Map

8 GUILTCROSS WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 8 GUILTCROSS 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 GUILTCROSS 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 GUILTCROSS WAY?

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