12, LINCOLN CLOSE, SWANTON MORLEY, DEREHAM, NR20 4NB - £125,000

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

12 LINCOLN CLOSE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £125,000 in July 2003, which was around 24% below the average July 2003 detached price in the Breckland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

12 LINCOLN CLOSE Sold Prices

Land registry data shows two sales for 12 LINCOLN 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. Both of the two 12 LINCOLN 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
2003 11 JUL	£125,000	£165,423	24% below HPI
1997 14 AUG	£53,500	£73,978	28% below HPI

12 LINCOLN 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 12 LINCOLN CLOSE sales from August 1997 and July 2003 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 August 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2003 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 LINCOLN CLOSE?

12 LINCOLN CLOSE is 73m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Swanton Morley, based on EPC data. The below chart shows the distribution of detached houses by size in Swanton Morley, and where 12 LINCOLN CLOSE lies on this distribution: 10% of detached houses are smaller than 12 LINCOLN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Swanton Morley.

12 LINCOLN CLOSE: Plot and Title Map

12 LINCOLN CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 12 LINCOLN 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 LINCOLN 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 LINCOLN CLOSE?

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