THE GABLES, ELY ROAD, HILGAY, DOWNHAM MARKET, PE38 0JN - £315,000

THE GABLES is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £315,000 in December 2018, which was around 7% above the average December 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

THE GABLES Sold Prices

Land registry data shows three sales for THE GABLES 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. All of the three THE GABLES 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
2018 13 DEC	£315,000	£295,343	7% above HPI
2004 12 JAN	£195,000	£163,705	19% above HPI
1998 28 JAN	£75,000	£71,748	5% above HPI

THE GABLES 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 THE GABLES sales between January 1998 and December 2018 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 January 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE GABLES?

THE GABLES is 117m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses by size in Hilgay, and where THE GABLES lies on this distribution: 53% of detached houses are smaller than THE GABLES, and 47% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of THE GABLES, 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 THE GABLES). 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 THE GABLES?

THE GABLES is located on ELY ROAD in HILGAY, in the PE38 postcode district. The below map shows the position of THE GABLES on ELY ROAD.