SHIPTONETTE, BRIDGE ROAD, DOWNHAM MARKET, PE38 0AE - £200,000

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.

SHIPTONETTE is a small extended detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £192,076. It was last sold for £200,000 in September 2023, which was around 48% below the average September 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

SHIPTONETTE Sold Prices

Land registry data shows two sales for SHIPTONETTE 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 SHIPTONETTE 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
2023 8 SEP	£200,000	£381,849	48% below HPI
1999 1 APR	£60,000	£77,258	22% below HPI

SHIPTONETTE 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 SHIPTONETTE sales from April 1999 and September 2023 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 April 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might SHIPTONETTE be worth now?

SHIPTONETTE might now be worth an estimated £192,076.

This is based on house price deflation of 4%, between September 2023 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 4% deflationary decrease is applied to the most recent sale price for SHIPTONETTE of £200,000 on 8th September 2023. For the value to have decreased from £200,000 to £192,076 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of SHIPTONETTE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of SHIPTONETTE has not materially changed since September 2023.

How Large is SHIPTONETTE?

SHIPTONETTE is 76m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where SHIPTONETTE lies on this distribution: 26% of detached houses houses are smaller than SHIPTONETTE, and 72% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

SHIPTONETTE: Plot and Title Map

SHIPTONETTE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of SHIPTONETTE, 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 SHIPTONETTE). 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 SHIPTONETTE?

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