9, SPRUCE ROAD, DOWNHAM MARKET, PE38 9PJ - £282,500

9 SPRUCE ROAD is a small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £282,500 in December 2021, which was around 18% below the average December 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

9 SPRUCE ROAD Sold Prices

Land registry data shows two sales for 9 SPRUCE ROAD 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 9 SPRUCE 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
2021 21 DEC	£282,500	£342,578	18% below HPI
2020 30 MAR	£220,000	£286,391	23% below HPI

9 SPRUCE 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 two 9 SPRUCE ROAD sales from March 2020 and December 2021 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 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 9 SPRUCE ROAD?

9 SPRUCE ROAD is 82m² according to the EPC inspection conducted in July 2019. 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 9 SPRUCE ROAD lies on this distribution: 34% of detached houses are smaller than 9 SPRUCE ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

9 SPRUCE ROAD: Plot and Title Map

9 SPRUCE ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 9 SPRUCE 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 9 SPRUCE 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 9 SPRUCE ROAD?

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