THE OLD ORCHARD, BEXWELL ROAD, DOWNHAM MARKET, PE38 9LJ - £445,000

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

THE OLD ORCHARD is a very large extended detached house of 280m², built sometime between 1996 and 2002. It was last sold for £445,000 in June 2016, which was around 78% above the average June 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was C.

THE OLD ORCHARD Sold Prices

Land registry data shows three sales for THE OLD ORCHARD since 1^st January 1995. The below table shows the price paid for the three 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 three THE OLD ORCHARD sales were for above the average price, whilst one was 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
2016 10 JUN	£445,000	£250,494	78% above HPI
2006 25 AUG	£380,000	£199,841	90% above HPI
2001 22 JUN	£60,000	£101,294	41% below HPI

THE OLD ORCHARD 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 three THE OLD ORCHARD sales between June 2001 and June 2016 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 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the June 2016 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is THE OLD ORCHARD?

THE OLD ORCHARD is 280m², which includes three extensions, according to the EPC inspection conducted in January 2016. 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 THE OLD ORCHARD lies on this distribution: 99% of detached houses are smaller than THE OLD ORCHARD, and 1% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

THE OLD ORCHARD: Plot and Title Map

THE OLD ORCHARD sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of THE OLD ORCHARD, 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 THE OLD ORCHARD). 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 THE OLD ORCHARD?

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