2, SHERWOOD CLOSE, DOWNHAM MARKET, PE38 9JH - £395,000

2 SHERWOOD CLOSE is a large detached house of 119m². It was last sold for £395,000 in January 2021, which was around 26% above the average January 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was A.

2 SHERWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 SHERWOOD CLOSE 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 SHERWOOD CLOSE sales were for above 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 18 JAN	£395,000	£312,991	26% above HPI
2018 17 DEC	£402,500	£295,343	36% above HPI

2 SHERWOOD 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 two 2 SHERWOOD CLOSE sales from December 2018 and January 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 December 2018 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 2 SHERWOOD CLOSE?

2 SHERWOOD CLOSE is 119m² according to the EPC inspection conducted in November 2020. This puts it in the largest 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 SHERWOOD CLOSE lies on this distribution: 74% of detached houses are smaller than 2 SHERWOOD CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

2 SHERWOOD CLOSE: Plot and Title Map

2 SHERWOOD CLOSE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 2 SHERWOOD 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 SHERWOOD 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 SHERWOOD CLOSE?

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