4, OLD RECTORY MEADOW, DOWNHAM MARKET, PE38 0DF - £389,995

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.

4 OLD RECTORY MEADOW is a midsized extended detached house of 150m², built sometime between 1983 and 1990, which could now be worth an estimated £443,380. It was last sold for £389,995 in November 2020, which was around 21% above the average November 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

4 OLD RECTORY MEADOW Sold Prices

Land registry data shows two sales for 4 OLD RECTORY MEADOW 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 4 OLD RECTORY MEADOW 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
2020 30 NOV	£389,995	£322,565	21% above HPI
1998 1 MAY	£111,000	£73,732	51% above HPI

4 OLD RECTORY MEADOW 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 4 OLD RECTORY MEADOW sales from May 1998 and November 2020 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 1998 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 4 OLD RECTORY MEADOW be worth now?

4 OLD RECTORY MEADOW might now be worth an estimated £443,380.

This is based on house price inflation of 13.7%, between November 2020 and February 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 4 OLD RECTORY MEADOW of £389,995 on 30th November 2020. For the value to have increased from £389,995 to £443,380 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 OLD RECTORY MEADOW has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2020 sale price of £389,995 represented a fair market value for the property.
• The size, condition, and specification of 4 OLD RECTORY MEADOW has not materially changed since November 2020.

How Large is 4 OLD RECTORY MEADOW?

4 OLD RECTORY MEADOW is 150m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 4 OLD RECTORY MEADOW lies on this distribution: 56% of detached houses houses are smaller than 4 OLD RECTORY MEADOW, and 44% of houses are larger. Note that EPC data is not available for all properties in Denver.

4 OLD RECTORY MEADOW: Plot and Title Map

4 OLD RECTORY MEADOW sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 4 OLD RECTORY MEADOW, 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 4 OLD RECTORY MEADOW). 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 4 OLD RECTORY MEADOW?

4 OLD RECTORY MEADOW is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 4 on OLD RECTORY MEADOW.