120, THE DROVE, BARROWAY DROVE, DOWNHAM MARKET, PE38 0AL - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

120 THE DROVE is a very large detached house of 238m², built in 2020, which could now be worth an estimated £532,319. It was last sold for £480,000 in June 2021, which was around 45% above the average June 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

120 THE DROVE Sold Prices

Land registry data shows two sales for 120 THE DROVE 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. One of the two 120 THE DROVE sales was for above the average price, whilst the other 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
2021 30 JUN	£480,000	£330,677	45% above HPI
2019 7 NOV	£150,000	£301,486	50% below HPI

120 THE DROVE 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 120 THE DROVE sales from November 2019 and June 2021 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 November 2019 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 120 THE DROVE be worth now?

120 THE DROVE might now be worth an estimated £532,319.

This is based on house price inflation of 10.9%, between June 2021 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for 120 THE DROVE of £480,000 on 30th June 2021. For the value to have increased from £480,000 to £532,319 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 120 THE DROVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 120 THE DROVE has not materially changed since June 2021.

How Large is 120 THE DROVE?

120 THE DROVE is 238m² according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses houses in Barroway Drove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barroway Drove, and where 120 THE DROVE lies on this distribution: 98% of detached houses houses are smaller than 120 THE DROVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Barroway Drove.

120 THE DROVE: Plot and Title Map

120 THE DROVE sits on a plot of roughly 0.652 of an acre, or 2,639m². The below map shows the location of 120 THE DROVE, 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 120 THE DROVE). 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 120 THE DROVE?

120 THE DROVE is located in BARROWAY DROVE, in the PE38 postcode district. The below map shows the position of No. 120 on THE DROVE.