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

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.

MAYFIELD is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £271,563. It was last sold for £150,000 in May 2011, which was around 26% 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	£202,561	26% below HPI
2007 20 FEB	£164,995	£209,048	21% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2011 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might MAYFIELD be worth now?

MAYFIELD might now be worth an estimated £271,563.

This is based on house price inflation of 81%, between May 2011 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 81% inflationary increase is applied to the most recent sale price for MAYFIELD of £150,000 on 19th May 2011. For the value to have increased from £150,000 to £271,563 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of MAYFIELD has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2011 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of MAYFIELD has not materially changed since May 2011.

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 houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hilgay, and where MAYFIELD lies on this distribution: 15% of detached houses houses are smaller than MAYFIELD, and 85% 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.