MAYFIELD, WEST END, HILGAY, DOWNHAM MARKET, PE38 0HZ - £150,000

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

MAYFIELD is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £150,000 in May 2011, which was around 24% below the average May 2011 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

MAYFIELD Sold Prices

Land registry data shows two sales for MAYFIELD 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 MAYFIELD 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
2011 19 MAY	£150,000	£197,115	24% below HPI
2007 20 FEB	£164,995	£203,427	19% below HPI

MAYFIELD 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 MAYFIELD sales from February 2007 and May 2011 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 February 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is MAYFIELD?

MAYFIELD is 73m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 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 MAYFIELD lies on this distribution: 14% of detached houses are smaller than MAYFIELD, and 86% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located on WEST END in HILGAY, in the PE38 postcode district. The below map shows the position of MAYFIELD on WEST END.