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

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 LAVENDER DRIVE is a large detached house of 113m², built sometime between 1996 and 2002. It was last sold for £298,000 in February 2019, which was around 3% above 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. All of the three 8 LAVENDER DRIVE 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
2019 25 FEB	£298,000	£288,748	3% above HPI
2007 30 MAR	£232,000	£205,668	13% above HPI
2001 29 JUN	£129,950	£101,294	28% 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

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 in Downham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Downham Market, and where 8 LAVENDER DRIVE lies on this distribution: 66% of detached 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.