2, SHELLEY CLOSE, DOWNHAM MARKET, PE38 9QR - £250,000

2 SHELLEY CLOSE is a small extended detached house of 74m², built sometime between 1996 and 2002. It was last sold for £250,000 in February 2022, which was around 28% below the average February 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 SHELLEY CLOSE Sold Prices

Land registry data shows three sales for 2 SHELLEY CLOSE 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. All of the three 2 SHELLEY CLOSE 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
2022 1 FEB	£250,000	£348,966	28% below HPI
2002 29 MAY	£98,000	£122,014	20% below HPI
2001 13 JUL	£89,950	£105,508	15% below HPI

2 SHELLEY CLOSE 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 2 SHELLEY CLOSE sales between July 2001 and February 2022 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 May 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 SHELLEY CLOSE?

2 SHELLEY CLOSE is 74m², which includes two extensions, according to the EPC inspection conducted in November 2021. 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 2 SHELLEY CLOSE lies on this distribution: 23% of detached houses are smaller than 2 SHELLEY CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

2 SHELLEY CLOSE: Plot and Title Map

2 SHELLEY CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 SHELLEY CLOSE, 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 SHELLEY CLOSE). 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 SHELLEY CLOSE?

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