BOURNE HOUSE, EAST END, HILGAY, DOWNHAM MARKET, PE38 0JH - £368,000

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.

BOURNE HOUSE is a large detached house of 151m², built sometime between 2003 and 2006, which could now be worth an estimated £480,519. It was last sold for £368,000 in May 2017, which was around 32% above the average May 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

BOURNE HOUSE Sold Prices

Land registry data shows two sales for BOURNE HOUSE 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 BOURNE HOUSE sales were for above 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 19 MAY	£368,000	£278,538	32% above HPI
2006 13 APR	£249,995	£194,827	28% above HPI

BOURNE HOUSE 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 BOURNE HOUSE sales from April 2006 and May 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 April 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2017 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might BOURNE HOUSE be worth now?

BOURNE HOUSE might now be worth an estimated £480,519.

This is based on house price inflation of 30.6%, between May 2017 and March 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 30.6% inflationary increase is applied to the most recent sale price for BOURNE HOUSE of £368,000 on 19th May 2017. For the value to have increased from £368,000 to £480,519 over the eight years and two months to March 2025, the following assumptions must hold true:

• The value of BOURNE HOUSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2017 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of BOURNE HOUSE has not materially changed since May 2017.

How Large is BOURNE HOUSE?

BOURNE HOUSE is 151m² according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of detached houses houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hilgay, and where BOURNE HOUSE lies on this distribution: 79% of detached houses houses are smaller than BOURNE HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

BOURNE HOUSE: Plot and Title Map

BOURNE HOUSE sits on a plot of roughly 0.271 of an acre, or 1,096m². The below map shows the location of BOURNE HOUSE, 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 BOURNE HOUSE). 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 BOURNE HOUSE?

BOURNE HOUSE is located on EAST END in HILGAY, in the PE38 postcode district. The below map shows the position of BOURNE HOUSE on EAST END.