ASHCROFT, ORCHARD CLOSE, DOWNHAM MARKET, PE38 9LW - £312,500

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.

ASHCROFT is a large detached house of 109m², which could now be worth an estimated £331,142. It was last sold for £312,500 in December 2021, which was around 10% below the average December 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.

ASHCROFT Sold Prices

Land registry data shows four sales for ASHCROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. two of the four ASHCROFT sales were for below the average price, and four were for above 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 3 DEC	£312,500	£346,075	10% below HPI
2021 30 APR	£316,074	£327,796	4% below HPI
2016 15 MAR	£270,000	£262,528	3% above HPI
2013 20 MAY	£220,500	£210,758	5% above HPI

ASHCROFT 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 four ASHCROFT sales between May 2013 and December 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 April 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might ASHCROFT be worth now?

ASHCROFT might now be worth an estimated £331,142.

This is based on house price inflation of 6%, between December 2021 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 6% inflationary increase is applied to the most recent sale price for ASHCROFT of £312,500 on 3rd December 2021. For the value to have increased from £312,500 to £331,142 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of ASHCROFT has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The December 2021 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of ASHCROFT has not materially changed since December 2021.

How Large is ASHCROFT?

ASHCROFT is 109m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where ASHCROFT lies on this distribution: 62% of detached houses houses are smaller than ASHCROFT, and 37% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

ASHCROFT: Plot and Title Map

ASHCROFT sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of ASHCROFT, 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 ASHCROFT). 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 ASHCROFT?

ASHCROFT is located on ORCHARD CLOSE in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of ASHCROFT on ORCHARD CLOSE.