PARK VIEW, MILL LANE, DOWNHAM MARKET, PE38 9QT - £323,000

PARK VIEW is a very large extended detached house of 196m², built sometime between 1996 and 2002. It was last sold for £323,000 in December 2012, which was around 55% above the average December 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

PARK VIEW Sold Prices

Land registry data shows three sales for PARK VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Two of the three PARK VIEW sales were for above the average price, whilst one 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
2012 14 DEC	£323,000	£208,789	55% above HPI
2003 4 AUG	£250,000	£164,674	52% above HPI
1999 14 JUL	£43,500	£81,504	47% below HPI

PARK VIEW 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 three PARK VIEW sales between July 1999 and December 2012 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 2003 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2012 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is PARK VIEW?

PARK VIEW is 196m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% 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 PARK VIEW lies on this distribution: 97% of detached houses are smaller than PARK VIEW, and 3% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

PARK VIEW: Plot and Title Map

PARK VIEW sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

PARK VIEW is located on MILL LANE in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of PARK VIEW on MILL LANE.