THE ROSARY, ELY ROAD, HILGAY, DOWNHAM MARKET, PE38 0JN - £320,000

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 ROSARY is a large detached house of 127m², built in 2021. It was last sold for £320,000 in March 2022, which was around 7% below the average March 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was B.

THE ROSARY Sold Prices

Land registry data shows three sales for THE ROSARY 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. All of the three THE ROSARY 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 21 MAR	£320,000	£344,475	7% below HPI
2016 31 MAR	£165,000	£255,469	35% below HPI
2010 6 OCT	£85,000	£207,330	59% below HPI

THE ROSARY 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 ROSARY sales between October 2010 and March 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 March 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is THE ROSARY?

THE ROSARY is 127m² according to the EPC inspection conducted in June 2021. This puts it in the largest 40% 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 ROSARY lies on this distribution: 60% of detached houses are smaller than THE ROSARY, and 36% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

THE ROSARY: Plot and Title Map

THE ROSARY sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of THE ROSARY, 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 ROSARY). 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 ROSARY?

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