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
87 WIMBOTSHAM ROAD is a midsized detached house of 101m², built sometime between 1983 and 1990. It was last sold for £335,000 in July 2023, which was around 9% below the average July 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was A.
Land registry data shows four sales for 87 WIMBOTSHAM ROAD since 1st 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 87 WIMBOTSHAM ROAD 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 |
---|---|---|---|
2023 6 JUL | £335,000 | £366,653 | 9% below HPI |
2022 28 SEP | £325,000 | £373,483 | 13% below HPI |
2016 23 AUG | £222,500 | £257,056 | 13% below HPI |
2015 25 NOV | £232,500 | £250,512 | 7% below HPI |
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 87 WIMBOTSHAM ROAD sales between November 2015 and July 2023 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 September 2022 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
87 WIMBOTSHAM ROAD is 101m² according to the EPC inspection conducted in August 2015. 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 87 WIMBOTSHAM ROAD lies on this distribution: 54% of detached houses are smaller than 87 WIMBOTSHAM ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Downham Market.
87 WIMBOTSHAM ROAD sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 87 WIMBOTSHAM ROAD, 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 87 WIMBOTSHAM ROAD). 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.
87 WIMBOTSHAM ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 87 on WIMBOTSHAM ROAD.