3, SPRUCE ROAD, DOWNHAM MARKET, PE38 9PJ - £255,000

3 SPRUCE ROAD is a large extended detached house of 107m², built sometime between 1976 and 1982. It was last sold for £255,000 in September 2021, which was around 22% below the average September 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 SPRUCE ROAD Sold Prices

Land registry data shows four sales for 3 SPRUCE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. two of the four 3 SPRUCE ROAD sales were for below the average price, and four 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 15 SEP	£255,000	£325,675	22% below HPI
2015 9 OCT	£229,955	£246,108	7% below HPI
1999 5 MAR	£82,950	£74,529	11% above HPI
1995 4 MAY	£65,250	£61,005	7% above HPI

3 SPRUCE ROAD 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 four 3 SPRUCE ROAD sales between May 1995 and September 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 October 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 SPRUCE ROAD?

3 SPRUCE ROAD is 107m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% 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 3 SPRUCE ROAD lies on this distribution: 61% of detached houses are smaller than 3 SPRUCE ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

3 SPRUCE ROAD: Plot and Title Map

3 SPRUCE ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 3 SPRUCE ROAD, 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 SPRUCE ROAD). 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 SPRUCE ROAD?

3 SPRUCE ROAD is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 3 on SPRUCE ROAD.