2, ROUSES LANE, DOWNHAM MARKET, PE38 9AN - £280,000

2 ROUSES LANE is a very large extended detached house of 136m², built sometime between 1976 and 1982. It was last sold for £280,000 in October 2012, which was around 39% above the average October 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

2 ROUSES LANE Sold Prices

Land registry data shows two sales for 2 ROUSES 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. One of the two 2 ROUSES LANE 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
2012 12 OCT	£280,000	£201,631	39% above HPI
2009 11 SEP	£182,500	£202,769	10% below HPI

2 ROUSES 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 2 ROUSES LANE sales from September 2009 and October 2012 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 September 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2012 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 2 ROUSES LANE?

2 ROUSES LANE is 136m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the largest 20% 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 ROUSES LANE lies on this distribution: 86% of detached houses are smaller than 2 ROUSES LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

2 ROUSES LANE: Plot and Title Map

2 ROUSES LANE sits on a plot of roughly 0.231 of an acre, or 936m². The below map shows the location of 2 ROUSES 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 2 ROUSES 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 2 ROUSES LANE?

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