9, HILLCREST, DOWNHAM MARKET, PE38 9ND - £208,000

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.

9 HILLCREST is a very small detached house of 49m², built sometime between 1967 and 1975, which could now be worth an estimated £259,180. It was last sold for £208,000 in March 2020, which was around 29% below the average March 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

9 HILLCREST Sold Prices

Land registry data shows four sales for 9 HILLCREST 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 9 HILLCREST 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
2020 6 MAR	£208,000	£294,304	29% below HPI
2016 5 OCT	£192,000	£271,291	29% below HPI
2012 29 OCT	£169,500	£207,203	18% below HPI
2006 29 SEP	£160,000	£209,447	24% below HPI

9 HILLCREST 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 9 HILLCREST sales between September 2006 and March 2020 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 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2020 sale, which was also at 29% below the HPI.

What might 9 HILLCREST be worth now?

9 HILLCREST might now be worth an estimated £259,180.

This is based on house price inflation of 24.6%, between March 2020 and February 2025, for 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 24.6% inflationary increase is applied to the most recent sale price for 9 HILLCREST of £208,000 on 6th March 2020. For the value to have increased from £208,000 to £259,180 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 9 HILLCREST has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2020 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HILLCREST has not materially changed since March 2020.

How Large is 9 HILLCREST?

9 HILLCREST is 49m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses houses in Downham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham Market, and where 9 HILLCREST lies on this distribution: 1% of detached houses houses are smaller than 9 HILLCREST, and 99% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

9 HILLCREST: Plot and Title Map

9 HILLCREST sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 9 HILLCREST, 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 9 HILLCREST). 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 9 HILLCREST?

9 HILLCREST is located in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of No. 9 on HILLCREST.