12, FARROW CLOSE, SWANTON MORLEY, DEREHAM, NR20 4RN - £250,000

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.

12 FARROW CLOSE is a small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £291,727. It was last sold for £250,000 in November 2020, which was around 21% below the average November 2020 detached price in the Breckland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

12 FARROW CLOSE Sold Prices

Land registry data shows three sales for 12 FARROW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 12 FARROW CLOSE 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
2020 27 NOV	£250,000	£317,446	21% below HPI
2014 4 SEP	£170,000	£237,487	28% below HPI
2001 2 FEB	£78,000	£104,528	25% below HPI

12 FARROW 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 three 12 FARROW CLOSE sales between February 2001 and November 2020 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 September 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 FARROW CLOSE be worth now?

12 FARROW CLOSE might now be worth an estimated £291,727.

This is based on house price inflation of 16.7%, between November 2020 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 16.7% inflationary increase is applied to the most recent sale price for 12 FARROW CLOSE of £250,000 on 27th November 2020. For the value to have increased from £250,000 to £291,727 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 FARROW CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FARROW CLOSE has not materially changed since November 2020.

How Large is 12 FARROW CLOSE?

12 FARROW CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses houses in Swanton Morley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swanton Morley, and where 12 FARROW CLOSE lies on this distribution: 20% of detached houses houses are smaller than 12 FARROW CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Swanton Morley.

12 FARROW CLOSE: Plot and Title Map

12 FARROW CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 12 FARROW 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 12 FARROW 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 12 FARROW CLOSE?

12 FARROW CLOSE is located in SWANTON MORLEY, in the NR20 postcode district. The below map shows the position of No. 12 on FARROW CLOSE.