3, SANDY LANE, DENVER, DOWNHAM MARKET, PE38 0EB - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SANDY LANE is a large extended detached house of 166m², built sometime between 1983 and 1990, which could now be worth an estimated £555,922. It was last sold for £425,000 in March 2017, which was around 53% above the average March 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was A.

3 SANDY LANE Sold Prices

Land registry data shows three sales for 3 SANDY 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. All of the three 3 SANDY LANE 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
2017 24 MAR	£425,000	£278,587	53% above HPI
2015 24 MAR	£412,500	£240,787	71% above HPI
2010 3 MAR	£375,000	£216,451	73% above HPI

3 SANDY 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 3 SANDY LANE sales between March 2010 and March 2017 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 2015 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the March 2017 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 3 SANDY LANE be worth now?

3 SANDY LANE might now be worth an estimated £555,922.

This is based on house price inflation of 30.8%, between March 2017 and March 2026, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.8% inflationary increase is applied to the most recent sale price for 3 SANDY LANE of £425,000 on 24th March 2017. For the value to have increased from £425,000 to £555,922 over the nine years to March 2026, the following assumptions must hold true:

• The value of 3 SANDY LANE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2017 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SANDY LANE has not materially changed since March 2017.

How Large is 3 SANDY LANE?

3 SANDY LANE is 166m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of detached houses houses in Denver, based on EPC data. The below chart shows the distribution of detached houses houses by size in Denver, and where 3 SANDY LANE lies on this distribution: 71% of detached houses houses are smaller than 3 SANDY LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Denver.

3 SANDY LANE: Plot and Title Map

3 SANDY LANE sits on a plot of roughly 0.261 of an acre, or 1,057m². The below map shows the location of 3 SANDY 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 3 SANDY 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 3 SANDY LANE?

3 SANDY LANE is located in DENVER, in the PE38 postcode district. The below map shows the position of No. 3 on SANDY LANE.