8, SYON CLOSE, DOWNHAM MARKET, PE38 9SY - £152,000

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.

8 SYON CLOSE is a very small semi-detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £263,489. It was last sold for £152,000 in August 2010, which was around 8% above the average August 2010 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

8 SYON CLOSE Sold Prices

Land registry data shows two sales for 8 SYON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. One of the two 8 SYON CLOSE sales was for above the average price, whilst the other was 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
2010 9 AUG	£152,000	£140,435	8% above HPI
2007 24 AUG	£133,000	£152,434	13% below HPI

8 SYON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 8 SYON CLOSE sales from August 2007 and August 2010 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 August 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2010 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 8 SYON CLOSE be worth now?

8 SYON CLOSE might now be worth an estimated £263,489.

This is based on house price inflation of 73.3%, between August 2010 and March 2026, for semi-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 73.3% inflationary increase is applied to the most recent sale price for 8 SYON CLOSE of £152,000 on 9th August 2010. For the value to have increased from £152,000 to £263,489 over the sixteen years and five months to March 2026, the following assumptions must hold true:

• The value of 8 SYON CLOSE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2010 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SYON CLOSE has not materially changed since August 2010.

How Large is 8 SYON CLOSE?

8 SYON CLOSE is 66m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of semi-detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Downham Market, and where 8 SYON CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 8 SYON CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

8 SYON CLOSE: Plot and Title Map

8 SYON CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 8 SYON CLOSE, 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 8 SYON CLOSE). 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 8 SYON CLOSE?

8 SYON CLOSE is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 8 on SYON CLOSE.