1, OAKS CLOSE, SWAFFHAM, PE37 7EP - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 OAKS CLOSE is a very large detached house of 231m², built sometime between 1976 and 1982, which could now be worth an estimated £379,301. It was last sold for £310,000 in February 2019, which was around 2% above the average February 2019 detached price in the Breckland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

1 OAKS CLOSE Sold Prices

Land registry data shows two sales for 1 OAKS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. One of the two 1 OAKS CLOSE sales was for above the average price, whilst the other 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
2019 1 FEB	£310,000	£302,750	2% above HPI
1999 29 OCT	£90,000	£92,950	3% below HPI

1 OAKS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 1 OAKS CLOSE sales from October 1999 and February 2019 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 October 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 OAKS CLOSE be worth now?

1 OAKS CLOSE might now be worth an estimated £379,301.

This is based on house price inflation of 22.4%, between February 2019 and February 2025, for 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 22.4% inflationary increase is applied to the most recent sale price for 1 OAKS CLOSE of £310,000 on 1st February 2019. For the value to have increased from £310,000 to £379,301 over the six years to February 2025, the following assumptions must hold true:

• The value of 1 OAKS CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2019 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OAKS CLOSE has not materially changed since February 2019.

How Large is 1 OAKS CLOSE?

1 OAKS CLOSE is 231m² according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses houses in Swaffham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swaffham, and where 1 OAKS CLOSE lies on this distribution: 99% of detached houses houses are smaller than 1 OAKS CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

1 OAKS CLOSE: Plot and Title Map

1 OAKS CLOSE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 1 OAKS CLOSE, 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 OAKS CLOSE). 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 OAKS CLOSE?

1 OAKS CLOSE is located in SWAFFHAM, in the PE37 postcode district. The below map shows the position of No. 1 on OAKS CLOSE.