2, RETREAT ESTATE, DOWNHAM MARKET, PE38 9QH - £128,000

2 RETREAT ESTATE is a very small extended detached house of 55m², built sometime between 1950 and 1966. It was last sold for £128,000 in November 2015, which was around 49% below the average November 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

2 RETREAT ESTATE Sold Prices

Land registry data shows two sales for 2 RETREAT ESTATE 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 2 RETREAT ESTATE 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
2015 27 NOV	£128,000	£250,512	49% below HPI
1999 29 JUN	£47,250	£77,832	39% below HPI

2 RETREAT ESTATE 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 2 RETREAT ESTATE sales from June 1999 and November 2015 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 June 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2015 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 2 RETREAT ESTATE?

2 RETREAT ESTATE is 55m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 2 RETREAT ESTATE lies on this distribution: 2% of detached houses are smaller than 2 RETREAT ESTATE, and 98% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

2 RETREAT ESTATE: Plot and Title Map

2 RETREAT ESTATE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 2 RETREAT ESTATE, 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 2 RETREAT ESTATE). 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 2 RETREAT ESTATE?

2 RETREAT ESTATE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 2 on RETREAT ESTATE.