ALMA, LADY DROVE, BARROWAY DROVE, DOWNHAM MARKET, PE38 0AQ - £133,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ALMA is a midsized detached house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £237,229. It was last sold for £133,000 in July 2005, which was around 35% below the average July 2005 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was A.

ALMA Sold Prices

Land registry data shows two sales for ALMA 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 ALMA 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
2005 22 JUL	£133,000	£205,598	35% below HPI
2000 1 DEC	£48,000	£101,482	53% below HPI

ALMA 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 ALMA sales from December 2000 and July 2005 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 2000 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the July 2005 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might ALMA be worth now?

ALMA might now be worth an estimated £237,229.

This is based on house price inflation of 78.4%, between July 2005 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.4% inflationary increase is applied to the most recent sale price for ALMA of £133,000 on 22nd July 2005. For the value to have increased from £133,000 to £237,229 over the twenty years and five months to February 2025, the following assumptions must hold true:

• The value of ALMA has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2005 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of ALMA has not materially changed since July 2005.

How Large is ALMA?

ALMA is 123m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses houses in Barroway Drove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barroway Drove, and where ALMA lies on this distribution: 46% of detached houses houses are smaller than ALMA, and 54% of houses are larger. Note that EPC data is not available for all properties in Barroway Drove.

ALMA: Plot and Title Map

ALMA sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of ALMA, 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 ALMA). 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 ALMA?

ALMA is located on LADY DROVE in BARROWAY DROVE, in the PE38 postcode district. The below map shows the position of ALMA on LADY DROVE.