LIME TREE HOUSE, ELY ROAD, HILGAY, DOWNHAM MARKET, PE38 0JN - £350,000

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

LIME TREE HOUSE is a small extended detached house of 90m², built sometime before 1900. It was last sold for £350,000 in May 2022, which was around 1% below the average May 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was B.

LIME TREE HOUSE Sold Prices

Land registry data shows five sales for LIME TREE HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the five LIME TREE HOUSE 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
2022 11 MAY	£350,000	£352,797	1% below HPI
2021 8 JAN	£300,000	£311,237	4% below HPI
2012 6 JUN	£173,250	£203,197	15% below HPI
2000 11 DEC	£93,500	£98,753	5% below HPI
1995 30 JUN	£32,750	£60,317	46% below HPI

LIME TREE HOUSE 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 five LIME TREE HOUSE sales between June 1995 and May 2022 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 January 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is LIME TREE HOUSE?

LIME TREE HOUSE is 90m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses by size in Hilgay, and where LIME TREE HOUSE lies on this distribution: 30% of detached houses are smaller than LIME TREE HOUSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

LIME TREE HOUSE: Plot and Title Map

LIME TREE HOUSE sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of LIME TREE HOUSE, 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 LIME TREE HOUSE). 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 LIME TREE HOUSE?

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