4, ORCHARD WAY, SOUTHERY, DOWNHAM MARKET, PE38 0NX - £220,000

4 ORCHARD WAY is a very small detached house of 70m². It was last sold for £220,000 in May 2017, which was around 19% below the average May 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

4 ORCHARD WAY Sold Prices

Land registry data shows two sales for 4 ORCHARD WAY 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 ORCHARD WAY 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
2017 26 MAY	£220,000	£271,048	19% below HPI
2015 2 OCT	£207,000	£246,108	16% below HPI

4 ORCHARD WAY 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 ORCHARD WAY sales from October 2015 and May 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 October 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 4 ORCHARD WAY?

4 ORCHARD WAY is 70m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Southery, based on EPC data. The below chart shows the distribution of detached houses by size in Southery, and where 4 ORCHARD WAY lies on this distribution: 8% of detached houses are smaller than 4 ORCHARD WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Southery.

4 ORCHARD WAY: Plot and Title Map

4 ORCHARD WAY sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 4 ORCHARD WAY, 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 ORCHARD WAY). 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 ORCHARD WAY?

4 ORCHARD WAY is located in SOUTHERY, in the PE38 postcode district. The below map shows the position of No. 4 on ORCHARD WAY.