7, SHORT DROVE, DOWNHAM MARKET, PE38 9PT - £135,000

7 SHORT DROVE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £135,000 in September 2013, which was around 36% below the average September 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

7 SHORT DROVE Sold Prices

Land registry data shows four sales for 7 SHORT DROVE 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. All of the four 7 SHORT DROVE 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
2013 6 SEP	£135,000	£211,028	36% below HPI
2006 24 MAR	£130,000	£185,860	30% below HPI
2001 10 AUG	£75,000	£107,883	30% below HPI
1999 8 JUN	£45,000	£77,832	42% below HPI

7 SHORT DROVE 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 7 SHORT DROVE sales between June 1999 and September 2013 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 March 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 7 SHORT DROVE?

7 SHORT DROVE is 62m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% 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 SHORT DROVE lies on this distribution: 12% of detached houses are smaller than 7 SHORT DROVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

7 SHORT DROVE: Plot and Title Map

7 SHORT DROVE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 7 SHORT DROVE, 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 SHORT DROVE). 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 SHORT DROVE?

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