RIVERSIDE, BRIDGE ROAD, DOWNHAM MARKET, PE38 0AE - £290,000

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

RIVERSIDE is a large detached house of 112m², built sometime before 1900. It was last sold for £290,000 in July 2022, which was around 20% below the average July 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

RIVERSIDE Sold Prices

Land registry data shows two sales for RIVERSIDE 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 RIVERSIDE 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 8 JUL	£290,000	£360,693	20% below HPI
2006 15 SEP	£158,000	£203,815	22% below HPI

RIVERSIDE 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 RIVERSIDE sales from September 2006 and July 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 September 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is RIVERSIDE?

RIVERSIDE is 112m² according to the EPC inspection conducted in November 2020. This puts it in the largest 40% 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 RIVERSIDE lies on this distribution: 65% of detached houses are smaller than RIVERSIDE, and 34% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

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