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

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.

GILMARCY is a midsized extended detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £446,852. It was last sold for £310,000 in December 2015, which was around 22% 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	£254,409	22% above HPI
2000 15 SEP	£138,000	£98,623	40% 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 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the December 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might GILMARCY be worth now?

GILMARCY might now be worth an estimated £446,852.

This is based on house price inflation of 44.1%, between December 2015 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 44.1% inflationary increase is applied to the most recent sale price for GILMARCY of £310,000 on 14th December 2015. For the value to have increased from £310,000 to £446,852 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of GILMARCY has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The December 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of GILMARCY has not materially changed since December 2015.

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 largest 50% 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 GILMARCY lies on this distribution: 50% of detached houses houses are smaller than GILMARCY, and 50% 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 0.489 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.