9, OAKFIELD CLOSE, DOWNHAM MARKET, PE38 9BN - £284,000

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 OAKFIELD CLOSE is a large extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £284,000 in November 2021, which was around 15% below the average November 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

9 OAKFIELD CLOSE Sold Prices

Land registry data shows three sales for 9 OAKFIELD CLOSE 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 9 OAKFIELD 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 30 NOV	£284,000	£335,168	15% below HPI
2012 18 DEC	£136,000	£208,789	35% below HPI
2000 19 APR	£73,500	£86,134	15% below HPI

9 OAKFIELD 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 three 9 OAKFIELD CLOSE sales between April 2000 and November 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 December 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 9 OAKFIELD CLOSE?

9 OAKFIELD CLOSE is 113m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 40% 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 OAKFIELD CLOSE lies on this distribution: 66% of detached houses are smaller than 9 OAKFIELD CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

9 OAKFIELD CLOSE: Plot and Title Map

9 OAKFIELD CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 9 OAKFIELD 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 OAKFIELD 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 OAKFIELD CLOSE?

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