1, TWO FIELDS WAY, BAWDESWELL, DEREHAM, NR20 4TQ - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 TWO FIELDS WAY is a very small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £345,000 in October 2022, which was around 7% below the average October 2022 detached price in the Breckland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

1 TWO FIELDS WAY Sold Prices

Land registry data shows two sales for 1 TWO FIELDS WAY 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 TWO FIELDS WAY 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
2022 12 OCT	£345,000	£372,828	7% below HPI
2017 18 DEC	£182,500	£300,154	39% below HPI

1 TWO FIELDS WAY 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 TWO FIELDS WAY sales from December 2017 and October 2022 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 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 TWO FIELDS WAY?

1 TWO FIELDS WAY is 81m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Bawdeswell, based on EPC data. The below chart shows the distribution of detached houses by size in Bawdeswell, and where 1 TWO FIELDS WAY lies on this distribution: 13% of detached houses are smaller than 1 TWO FIELDS WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Bawdeswell.

1 TWO FIELDS WAY: Plot and Title Map

1 TWO FIELDS WAY sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 1 TWO FIELDS WAY, 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 TWO FIELDS WAY). 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 TWO FIELDS WAY?

1 TWO FIELDS WAY is located in BAWDESWELL, in the NR20 postcode district. The below map shows the position of No. 1 on TWO FIELDS WAY.