NEW BUNGALOW, STONECROSS ROAD, DOWNHAM MARKET, PE38 9LS - £235,000

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

NEW BUNGALOW is a very large detached house of 145m², built sometime between 1996 and 2002. It was last sold for £235,000 in February 2014, which was around 8% above the average February 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

NEW BUNGALOW Sold Prices

Land registry data shows two sales for NEW BUNGALOW 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 NEW BUNGALOW 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
2014 21 FEB	£235,000	£217,077	8% above HPI
2006 25 AUG	£215,000	£199,841	8% above HPI

NEW BUNGALOW 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 NEW BUNGALOW sales from August 2006 and February 2014 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 August 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2014 sale, which was also at 8% above the HPI.

How Large is NEW BUNGALOW?

NEW BUNGALOW is 145m² according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Downham Market, and where NEW BUNGALOW lies on this distribution: 88% of detached houses are smaller than NEW BUNGALOW, and 11% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

NEW BUNGALOW: Plot and Title Map

NEW BUNGALOW sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of NEW BUNGALOW, 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 NEW BUNGALOW). 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 NEW BUNGALOW?

NEW BUNGALOW is located on STONECROSS ROAD in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of NEW BUNGALOW on STONECROSS ROAD.