8, LAVENDER DRIVE, DOWNHAM MARKET, PE38 9UA - £298,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 LAVENDER DRIVE is a large detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £356,479. It was last sold for £298,000 in February 2019, which was about the average February 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was C.

8 LAVENDER DRIVE Sold Prices

Land registry data shows three sales for 8 LAVENDER DRIVE 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. The three 8 LAVENDER DRIVE sales were a mix of roughly equal to the average price, and 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
2019 25 FEB	£298,000	£296,727	Close to HPI
2007 30 MAR	£232,000	£211,351	10% above HPI
2001 29 JUN	£129,950	£104,093	25% above HPI

8 LAVENDER DRIVE 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 LAVENDER DRIVE sales between June 2001 and February 2019 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 March 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 LAVENDER DRIVE be worth now?

8 LAVENDER DRIVE might now be worth an estimated £356,479.

This is based on house price inflation of 19.6%, between February 2019 and June 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 8 LAVENDER DRIVE of £298,000 on 25th February 2019. For the value to have increased from £298,000 to £356,479 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of 8 LAVENDER DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2019 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAVENDER DRIVE has not materially changed since February 2019.

How Large is 8 LAVENDER DRIVE?

8 LAVENDER DRIVE is 113m² according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where 8 LAVENDER DRIVE lies on this distribution: 66% of detached houses houses are smaller than 8 LAVENDER DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

8 LAVENDER DRIVE: Plot and Title Map

8 LAVENDER DRIVE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 8 LAVENDER DRIVE, 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 LAVENDER DRIVE). 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 LAVENDER DRIVE?

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