9, CINNAMON ROAD, DOWNHAM MARKET, PE38 9UL - £250,000

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

9 CINNAMON ROAD is a very large detached house of 140m², built sometime between 2003 and 2006. It was last sold for £250,000 in January 2021, which was around 20% below the average January 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

9 CINNAMON ROAD Sold Prices

Land registry data shows four sales for 9 CINNAMON ROAD 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. two of the four 9 CINNAMON ROAD sales were for below the average price, and four 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
2021 21 JAN	£250,000	£311,237	20% below HPI
2008 27 MAY	£190,000	£211,544	10% below HPI
2007 20 APR	£218,500	£207,487	5% above HPI
2004 25 JUN	£193,000	£177,217	9% above HPI

9 CINNAMON ROAD 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 9 CINNAMON ROAD sales between June 2004 and January 2021 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 May 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 9 CINNAMON ROAD?

9 CINNAMON ROAD is 140m² according to the EPC inspection conducted in February 2013. This puts it in the largest 20% 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 9 CINNAMON ROAD lies on this distribution: 87% of detached houses are smaller than 9 CINNAMON ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

9 CINNAMON ROAD: Plot and Title Map

9 CINNAMON ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 9 CINNAMON 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 9 CINNAMON 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.

Where is 9 CINNAMON ROAD?

9 CINNAMON ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 9 on CINNAMON ROAD.