9, GOLDFINCH CLOSE, DOWNHAM MARKET, PE38 9RH - £225,000

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 GOLDFINCH CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £225,000 in April 2021, which was around 29% below the average April 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

9 GOLDFINCH CLOSE Sold Prices

Land registry data shows two sales for 9 GOLDFINCH CLOSE 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. Both of the two 9 GOLDFINCH CLOSE 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
2021 15 APR	£225,000	£318,982	29% below HPI
2005 29 NOV	£150,000	£193,246	22% below HPI

9 GOLDFINCH CLOSE 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 9 GOLDFINCH CLOSE sales from November 2005 and April 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 November 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 9 GOLDFINCH CLOSE?

9 GOLDFINCH CLOSE is 60m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 GOLDFINCH CLOSE lies on this distribution: 7% of detached houses are smaller than 9 GOLDFINCH CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

9 GOLDFINCH CLOSE: Plot and Title Map

9 GOLDFINCH CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 9 GOLDFINCH CLOSE, 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 GOLDFINCH CLOSE). 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 GOLDFINCH CLOSE?

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