1, TREASURE GROVE, NECTON, SWAFFHAM, PE37 8FN - £280,000

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 TREASURE GROVE is a midsized detached house of 87m², which could now be worth an estimated £317,373. It was last sold for £280,000 in August 2021, which was around 14% below the average August 2021 detached price in the Breckland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

1 TREASURE GROVE Sold Prices

Land registry data shows two sales for 1 TREASURE GROVE 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. Both of the two 1 TREASURE GROVE sales were 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
2021 20 AUG	£280,000	£326,809	14% below HPI
2018 12 DEC	£224,000	£303,998	26% below HPI

1 TREASURE GROVE 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 TREASURE GROVE sales from December 2018 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 December 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 TREASURE GROVE be worth now?

1 TREASURE GROVE might now be worth an estimated £317,373.

This is based on house price inflation of 13.3%, between August 2021 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 13.3% inflationary increase is applied to the most recent sale price for 1 TREASURE GROVE of £280,000 on 20th August 2021. For the value to have increased from £280,000 to £317,373 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 1 TREASURE GROVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The August 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TREASURE GROVE has not materially changed since August 2021.

How Large is 1 TREASURE GROVE?

1 TREASURE GROVE is 87m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses houses in Necton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Necton, and where 1 TREASURE GROVE lies on this distribution: 50% of detached houses houses are smaller than 1 TREASURE GROVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Necton.

1 TREASURE GROVE: Plot and Title Map

1 TREASURE GROVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 TREASURE GROVE, 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 TREASURE GROVE). 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 TREASURE GROVE?

1 TREASURE GROVE is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 1 on TREASURE GROVE.