2, Park Lane
2, Park Lane
Description & Estimates
According to the public record, 2, Park Lane, Downham Market is a mid-century freehold house with 721 ft2 of internal area and sits on a 531 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Park Lane, Downham Market is £244,808 and the estimated rental value is £1,204 per month.
Park Lane, Downham Market, PE38 is located in the borough of King's Lynn and West Norfolk within the PE38 postal district.
Our Data Sources
2, Park Lane, Downham Market has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated October 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Park Lane, Downham Market is in very good condition we estimate a sale value of £257,048 and a rental value of £1,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,671 and a rental value of £1,119 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Park Lane, Downham Market has fallen by £3,937 (1.6%), while its estimated rental value has moved up by £27 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Plot Size
According to data from HM Land Registry, 2, Park Lane, Downham Market sits on a plot of 531 m2.
We have plot size data on 14 out of 17 other houses in the postcode and 2, Park Lane, Downham Market sits on the 6th largest plot.
Energy Efficiency
2, Park Lane, Downham Market has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Oct 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Park Lane, Downham Market was last sold on 24th June 2021 for £226,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has risen by 3.7%.
- Sold Jun 2021£226,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Park Lane, Downham Market within a radius of 800 metres over the last 2 years.
The most recent example is 31, Revell Road, Downham Market, PE38 9SE, a freehold house which sold for £215,000 on the 14th February 2025.
Read more about house prices in PE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Park Lane, Downham Market, PE38 has a total of 50 addresses. According to our analysis of all the public data, 2, Park Lane, Downham Market is the 40th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in PE38.
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Schools Nearby
- 800mDenver Voluntary Controlled Primary School
- 1.2kmNelson Academy
- 1.5kmDownham Market, Hillcrest Primary School
- 1.2kmDownham Market Academy
- 14.3kmIceni Secondary Academy
- 15.7kmThomas Clarkson Academy
More reading links
Public Transport Nearby
The closest station to 2, Park Lane, Downham Market is Downham Market station, which is 1.2 kilometres away.
- 1.2kmDownham Market
- 8.6kmWatlington
- 15.4kmLittleport
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
