DOWNOR, RABBIT LANE, DOWNHAM MARKET, PE38 9LN - £200,000

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

DOWNOR is a small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £200,000 in August 2018, which was around 31% below the average August 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

DOWNOR Sold Prices

Land registry data shows two sales for DOWNOR 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 DOWNOR 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
2018 10 AUG	£200,000	£291,056	31% below HPI
1995 11 JUL	£53,500	£59,266	10% below HPI

DOWNOR 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 DOWNOR sales from July 1995 and August 2018 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 July 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is DOWNOR?

DOWNOR is 77m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Downham Market, and where DOWNOR lies on this distribution: 29% of detached houses are smaller than DOWNOR, and 71% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

DOWNOR: Plot and Title Map

DOWNOR sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of DOWNOR, 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 DOWNOR). 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 DOWNOR?

DOWNOR is located on RABBIT LANE in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of DOWNOR on RABBIT LANE.