AURORA, ELY ROAD, HILGAY, DOWNHAM MARKET, PE38 0JN - £630,000

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

AURORA is a very large extended detached house of 197m², built sometime between 1930 and 1949. It was last sold for £630,000 in October 2020, which was around 102% above the average October 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was C.

AURORA Sold Prices

Land registry data shows two sales for AURORA 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. One of the two AURORA sales was for above the average price, whilst the other was 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
2020 15 OCT	£630,000	£311,406	102% above HPI
2014 12 DEC	£195,000	£227,818	14% below HPI

AURORA 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 AURORA sales from December 2014 and October 2020 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 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2020 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is AURORA?

AURORA is 197m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 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 AURORA lies on this distribution: 88% of detached houses are smaller than AURORA, and 12% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

AURORA: Plot and Title Map

AURORA sits on a plot of roughly 0.556 of an acre, or 2,251m². The below map shows the location of AURORA, 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 AURORA). 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 AURORA?

AURORA is located on ELY ROAD in HILGAY, in the PE38 postcode district. The below map shows the position of AURORA on ELY ROAD.