8, SAGE AVENUE, DOWNHAM MARKET, PE38 9UF - £185,000

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 SAGE AVENUE is a midsized extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £185,000 in March 2006, which was about the average March 2006 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 SAGE AVENUE Sold Prices

Land registry data shows two sales for 8 SAGE AVENUE 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. One of the two 8 SAGE AVENUE sales was roughly equal to the average price, whilst the other was 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
2006 31 MAR	£185,000	£185,860	Close to HPI
2002 17 DEC	£146,000	£145,148	1% above HPI

8 SAGE AVENUE 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 SAGE AVENUE sales from December 2002 and March 2006 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 December 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2006 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 SAGE AVENUE?

8 SAGE AVENUE is 99m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 50% 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 SAGE AVENUE lies on this distribution: 53% of detached houses are smaller than 8 SAGE AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

8 SAGE AVENUE: Plot and Title Map

8 SAGE AVENUE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8 SAGE AVENUE, 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 SAGE AVENUE). 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 SAGE AVENUE?

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