14, FARM WALK, NECTON, SWAFFHAM, PE37 8LX - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 FARM WALK is a midsized extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £185,000 in May 2023, which was around 49% below the average May 2023 detached price in the Breckland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

14 FARM WALK Sold Prices

Land registry data shows two sales for 14 FARM WALK 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 14 FARM WALK 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
2023 31 MAY	£185,000	£365,463	49% below HPI
1996 26 JUL	£53,000	£64,075	17% below HPI

14 FARM WALK 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 14 FARM WALK sales from July 1996 and May 2023 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 July 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2023 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 14 FARM WALK?

14 FARM WALK is 87m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 50% of detached houses in Necton, based on EPC data. The below chart shows the distribution of detached houses by size in Necton, and where 14 FARM WALK lies on this distribution: 50% of detached houses are smaller than 14 FARM WALK, and 47% of houses are larger. Note that EPC data is not available for all properties in Necton.

14 FARM WALK: Plot and Title Map

14 FARM WALK sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 14 FARM WALK, 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 14 FARM WALK). 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 14 FARM WALK?

14 FARM WALK is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 14 on FARM WALK.