11, VICTORY ROAD, DOWNHAM MARKET, PE38 9RU - £270,000

11 VICTORY ROAD is a small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £270,000 in January 2020, which was around 8% below the average January 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

11 VICTORY ROAD Sold Prices

Land registry data shows three sales for 11 VICTORY ROAD 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 11 VICTORY ROAD 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
2020 23 JAN	£270,000	£292,223	8% below HPI
2016 2 AUG	£219,995	£257,056	14% below HPI
1999 10 DEC	£46,600	£85,017	45% below HPI

11 VICTORY ROAD 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 11 VICTORY ROAD sales between December 1999 and January 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 August 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 11 VICTORY ROAD?

11 VICTORY ROAD is 75m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% 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 11 VICTORY ROAD lies on this distribution: 24% of detached houses are smaller than 11 VICTORY ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

11 VICTORY ROAD: Plot and Title Map

11 VICTORY ROAD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 11 VICTORY ROAD, 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 11 VICTORY ROAD). 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 11 VICTORY ROAD?

11 VICTORY ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 11 on VICTORY ROAD.