THE RANGE, ELY ROAD, HILGAY, DOWNHAM MARKET, PE38 0JN - £400,000

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 RANGE is a very large detached house of 275m², built sometime between 1991 and 1995. It was last sold for £400,000 in February 2020, which was around 38% above the average February 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

THE RANGE Sold Prices

Land registry data shows two sales for THE RANGE 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 THE RANGE 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
2020 18 FEB	£400,000	£290,310	38% above HPI
2007 15 JUN	£385,000	£213,393	80% above HPI

THE RANGE 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 THE RANGE sales from June 2007 and February 2020 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 June 2007 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the February 2020 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is THE RANGE?

THE RANGE is 275m² according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses by size in Hilgay, and where THE RANGE lies on this distribution: More than 99% of detached houses are smaller than THE RANGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

THE RANGE: Plot and Title Map

THE RANGE sits on a plot of roughly 1.7 acres, or 6,995m². The below map shows the location of THE RANGE, 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 RANGE). 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 RANGE?

THE RANGE is located on ELY ROAD in HILGAY, in the PE38 postcode district. The below map shows the position of THE RANGE on ELY ROAD.