8, MILTON WAY, DOWNHAM MARKET, PE38 9QS - £177,500

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 MILTON WAY is a small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £177,500 in October 2017, which was around 38% below the average October 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

8 MILTON WAY Sold Prices

Land registry data shows four sales for 8 MILTON WAY since 1^st January 1995. The below table shows the price paid for the four 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 four 8 MILTON 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 27 OCT	£177,500	£285,749	38% below HPI
2008 14 NOV	£123,000	£202,345	39% below HPI
2004 30 JUN	£132,500	£177,217	25% below HPI
2001 21 DEC	£88,000	£116,684	25% below HPI

8 MILTON 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 four 8 MILTON WAY sales between December 2001 and October 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 November 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2017 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 MILTON WAY?

8 MILTON WAY is 78m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% 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 MILTON WAY lies on this distribution: 29% of detached houses are smaller than 8 MILTON WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

8 MILTON WAY: Plot and Title Map

8 MILTON WAY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 8 MILTON 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 MILTON 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 MILTON WAY?

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