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

AQUA HOUSE is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £230,275. It was last sold for £133,000 in June 2013, which was around 37% 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	£211,807	37% below HPI
2001 16 NOV	£78,000	£115,086	32% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2013 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might AQUA HOUSE be worth now?

AQUA HOUSE might now be worth an estimated £230,275.

This is based on house price inflation of 73.1%, between June 2013 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 73.1% inflationary increase is applied to the most recent sale price for AQUA HOUSE of £133,000 on 28th June 2013. For the value to have increased from £133,000 to £230,275 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of AQUA HOUSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2013 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of AQUA HOUSE has not materially changed since June 2013.

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 houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hilgay, and where AQUA HOUSE lies on this distribution: 19% of detached houses houses are smaller than AQUA HOUSE, and 81% 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.