1, MAGNOLIA MEWS, SWANTON MORLEY, DEREHAM, NR20 4FH - £190,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MAGNOLIA MEWS is a very small semi-detached house of 70m², built sometime from 2007 onwards. It was last sold for £190,000 in August 2021, which was around 10% below the average August 2021 semi-detached price in the Breckland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

1 MAGNOLIA MEWS Sold Prices

Land registry data shows four sales for 1 MAGNOLIA MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. two of the four 1 MAGNOLIA MEWS sales were for below the average price, and four 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
2021 27 AUG	£190,000	£211,303	10% below HPI
2019 22 MAR	£163,000	£192,788	15% below HPI
2010 26 NOV	£155,820	£135,023	15% above HPI
2010 1 MAY	£162,000	£139,591	16% above HPI

1 MAGNOLIA MEWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The four 1 MAGNOLIA MEWS sales between May 2010 and August 2021 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 March 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 MAGNOLIA MEWS be worth now?

1 MAGNOLIA MEWS might now be worth an estimated £214,843.

This is based on house price inflation of 13.1%, between August 2021 and December 2024, for semi-detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 1 MAGNOLIA MEWS of £190,000 on 27th August 2021. For the value to have increased from £190,000 to £214,843 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 MAGNOLIA MEWS has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The August 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MAGNOLIA MEWS has not materially changed since August 2021.

How Large is 1 MAGNOLIA MEWS?

1 MAGNOLIA MEWS is 70m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of semi-detached houses houses in Swanton Morley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swanton Morley, and where 1 MAGNOLIA MEWS lies on this distribution: 3% of semi-detached houses houses are smaller than 1 MAGNOLIA MEWS, and 95% of houses are larger. Note that EPC data is not available for all properties in Swanton Morley.

1 MAGNOLIA MEWS: Plot and Title Map

1 MAGNOLIA MEWS sits on a plot of roughly 1.9 acres, or 7,515m². The below map shows the location of 1 MAGNOLIA MEWS, 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 1 MAGNOLIA MEWS). 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 1 MAGNOLIA MEWS?

1 MAGNOLIA MEWS is located in SWANTON MORLEY, in the NR20 postcode district. The below map shows the position of No. 1 on MAGNOLIA MEWS.