ORCHARD HOUSE, BRIDGE ROAD, DOWNHAM MARKET, PE38 0AE - £186,000

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

ORCHARD HOUSE is a very large extended detached house of 193m², built sometime between 1900 and 1929. It was last sold for £186,000 in June 2013, which was around 10% below the average June 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

ORCHARD HOUSE Sold Prices

Land registry data shows four sales for ORCHARD HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Two of the four ORCHARD HOUSE sales were for below the average price, whilst one was 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
2013 14 JUN	£186,000	£206,112	10% below HPI
2005 18 OCT	£195,000	£194,644	Close to HPI
2003 2 SEP	£172,000	£165,128	4% above HPI
1999 23 APR	£48,000	£75,180	36% below HPI

ORCHARD 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 four ORCHARD HOUSE sales between April 1999 and June 2013 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 October 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2013 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 193m², which includes three extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% 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 ORCHARD HOUSE lies on this distribution: 97% of detached houses are smaller than ORCHARD HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD HOUSE?

ORCHARD HOUSE is located on BRIDGE ROAD in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of ORCHARD HOUSE on BRIDGE ROAD.