12B, SWAN DRIVE, GRESSENHALL, DEREHAM, NR20 4SW - £320,000

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

12B SWAN DRIVE is a small extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £320,000 in June 2024, which was around 10% below the average June 2024 detached price in the Breckland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

12B SWAN DRIVE Sold Prices

Land registry data shows two sales for 12B SWAN DRIVE 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 12B SWAN DRIVE 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
2024 17 JUN	£320,000	£355,127	10% below HPI
2001 1 OCT	£95,000	£125,665	24% below HPI

12B SWAN DRIVE 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 12B SWAN DRIVE sales from October 2001 and June 2024 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 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 12B SWAN DRIVE?

12B SWAN DRIVE is 107m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Gressenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Gressenhall, and where 12B SWAN DRIVE lies on this distribution: 40% of detached houses are smaller than 12B SWAN DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

12B SWAN DRIVE: Plot and Title Map

12B SWAN DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 12B SWAN DRIVE, 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 12B SWAN DRIVE). 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 12B SWAN DRIVE?

12B SWAN DRIVE is located in GRESSENHALL, in the NR20 postcode district. The below map shows the position of No. 12B on SWAN DRIVE.