7, PALMER WAY, DOWNHAM MARKET, PE38 9UY - £240,000

7 PALMER WAY is a small detached house of 82m², built sometime between 2003 and 2006. It was last sold for £240,000 in November 2017, which was around 17% below the average November 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

7 PALMER WAY Sold Prices

Land registry data shows two sales for 7 PALMER 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 7 PALMER 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 30 NOV	£240,000	£289,752	17% below HPI
2006 8 MAY	£190,750	£195,575	2% below HPI

7 PALMER 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 7 PALMER WAY sales from May 2006 and November 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 May 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 PALMER WAY?

7 PALMER WAY is 82m² according to the EPC inspection conducted in August 2014. 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 7 PALMER WAY lies on this distribution: 34% of detached houses are smaller than 7 PALMER WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

7 PALMER WAY: Plot and Title Map

7 PALMER WAY sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 7 PALMER 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 7 PALMER 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 7 PALMER WAY?

7 PALMER WAY is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 7 on PALMER WAY.