4, VICTORY ROAD, DOWNHAM MARKET, PE38 9RU - £174,000

4 VICTORY ROAD is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £174,000 in June 2012, which was around 14% below the average June 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

4 VICTORY ROAD Sold Prices

Land registry data shows three sales for 4 VICTORY ROAD 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 4 VICTORY ROAD 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
2012 22 JUN	£174,000	£203,197	14% below HPI
2006 16 FEB	£172,000	£190,705	10% below HPI
2004 13 APR	£155,000	£168,073	8% below HPI

4 VICTORY 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 three 4 VICTORY ROAD sales between April 2004 and June 2012 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 February 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 VICTORY ROAD?

4 VICTORY ROAD is 83m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 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 4 VICTORY ROAD lies on this distribution: 36% of detached houses are smaller than 4 VICTORY ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

4 VICTORY ROAD: Plot and Title Map

4 VICTORY ROAD sits on a plot of roughly 0.207 of an acre, or 836m². The below map shows the location of 4 VICTORY 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 4 VICTORY 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 4 VICTORY ROAD?

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