14, MILL LANE, DOWNHAM MARKET, PE38 9QT - £370,000

14 MILL LANE is a very large extended detached house of 157m², built sometime between 2003 and 2006. It was last sold for £370,000 in October 2019, which was around 26% above the average October 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

14 MILL LANE Sold Prices

Land registry data shows three sales for 14 MILL LANE 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. Two of the three 14 MILL LANE sales were for above the average price, whilst one 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
2019 17 OCT	£370,000	£294,723	26% above HPI
2013 13 MAR	£237,000	£197,906	20% above HPI
2004 28 JUN	£75,000	£177,217	58% below HPI

14 MILL 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 three 14 MILL LANE sales between June 2004 and October 2019 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 2013 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 14 MILL LANE?

14 MILL LANE is 157m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% 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 14 MILL LANE lies on this distribution: 92% of detached houses are smaller than 14 MILL LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

14 MILL LANE: Plot and Title Map

14 MILL LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 14 MILL 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 14 MILL 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 14 MILL LANE?

14 MILL LANE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 14 on MILL LANE.