8, NORTH LAWN, SOUTHERY, DOWNHAM MARKET, PE38 0NH - £170,000

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 NORTH LAWN is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £170,000 in May 2018, which was around 39% below the average May 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

8 NORTH LAWN Sold Prices

Land registry data shows three sales for 8 NORTH LAWN 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 NORTH LAWN 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
2018 21 MAY	£170,000	£278,734	39% below HPI
2002 30 JUL	£87,000	£128,519	32% below HPI
1998 1 OCT	£47,500	£74,542	36% below HPI

8 NORTH LAWN 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 NORTH LAWN sales between October 1998 and May 2018 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 July 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 8 NORTH LAWN?

8 NORTH LAWN is 63m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses in Southery, based on EPC data. The below chart shows the distribution of detached houses by size in Southery, and where 8 NORTH LAWN lies on this distribution: 4% of detached houses are smaller than 8 NORTH LAWN, and 96% of houses are larger. Note that EPC data is not available for all properties in Southery.

8 NORTH LAWN: Plot and Title Map

8 NORTH LAWN sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 8 NORTH LAWN, 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 NORTH LAWN). 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 NORTH LAWN?

8 NORTH LAWN is located in SOUTHERY, in the PE38 postcode district. The below map shows the position of No. 8 on NORTH LAWN.