GILMARCY, CHURCH ROAD, HILGAY, DOWNHAM MARKET, PE38 0JL - £310,000

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

GILMARCY is a midsized extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £310,000 in December 2015, which was around 25% above the average December 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was B.

GILMARCY Sold Prices

Land registry data shows two sales for GILMARCY 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 GILMARCY sales 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
2015 14 DEC	£310,000	£247,568	25% above HPI
2000 15 SEP	£138,000	£95,971	44% above HPI

GILMARCY 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 GILMARCY sales from September 2000 and December 2015 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 September 2000 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2015 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is GILMARCY?

GILMARCY is 109m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of detached houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses by size in Hilgay, and where GILMARCY lies on this distribution: 49% of detached houses are smaller than GILMARCY, and 51% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

GILMARCY: Plot and Title Map

GILMARCY sits on a plot of roughly 0.488 of an acre, or 1,977m². The below map shows the location of GILMARCY, 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 GILMARCY). 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 GILMARCY?

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