AQUA HOUSE, WATERMAN LANE, HILGAY, DOWNHAM MARKET, PE38 0HY - £133,000

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

AQUA HOUSE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £133,000 in June 2013, which was around 35% below the average June 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

AQUA HOUSE Sold Prices

Land registry data shows two sales for AQUA HOUSE 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 AQUA HOUSE 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
2013 28 JUN	£133,000	£206,112	35% below HPI
2001 16 NOV	£78,000	£111,991	30% below HPI

AQUA HOUSE 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 AQUA HOUSE sales from November 2001 and June 2013 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 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is AQUA HOUSE?

AQUA HOUSE is 77m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses by size in Hilgay, and where AQUA HOUSE lies on this distribution: 18% of detached houses are smaller than AQUA HOUSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

AQUA HOUSE: Plot and Title Map

AQUA HOUSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of AQUA HOUSE, 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 AQUA HOUSE). 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 AQUA HOUSE?

AQUA HOUSE is located on WATERMAN LANE in HILGAY, in the PE38 postcode district. The below map shows the position of AQUA HOUSE on WATERMAN LANE.