12, BRIDLE LANE, DOWNHAM MARKET, PE38 9QZ - £210,000

12 BRIDLE LANE is a small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £210,000 in June 2016, which was around 16% below the average June 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was A.

12 BRIDLE LANE Sold Prices

Land registry data shows two sales for 12 BRIDLE LANE 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 12 BRIDLE LANE 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
2016 23 JUN	£210,000	£250,494	16% below HPI
2005 31 MAR	£160,000	£181,580	12% below HPI

12 BRIDLE LANE 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 12 BRIDLE LANE sales from March 2005 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 March 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 12 BRIDLE LANE?

12 BRIDLE LANE is 76m², which includes two extensions, according to the EPC inspection conducted in March 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 12 BRIDLE LANE lies on this distribution: 26% of detached houses are smaller than 12 BRIDLE LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

12 BRIDLE LANE: Plot and Title Map

12 BRIDLE LANE sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 12 BRIDLE LANE, 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 12 BRIDLE LANE). 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 12 BRIDLE LANE?

12 BRIDLE LANE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 12 on BRIDLE LANE.