THE WILLOWS, RABBIT LANE, DOWNHAM MARKET, PE38 9LN - £260,000

THE WILLOWS is a small extended detached house of 73m², built sometime between 1930 and 1949. It was last sold for £260,000 in May 2018, which was around 7% below the average May 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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. One of the two THE WILLOWS sales was for below the average price, whilst the other was 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 31 MAY	£260,000	£278,734	7% below HPI
2012 14 DEC	£225,000	£208,789	8% above HPI

THE WILLOWS 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 THE WILLOWS sales from December 2012 and May 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 December 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 73m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% 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 THE WILLOWS lies on this distribution: 23% of detached houses are smaller than THE WILLOWS, and 78% of houses are larger. Note that EPC data is not available for all properties in Downham Market.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.311 of an acre, or 1,260m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on RABBIT LANE in DOWNHAM MARKET, in the PE38 postcode district. The below map shows the position of THE WILLOWS on RABBIT LANE.