14, PIT LANE, SWAFFHAM, PE37 7DA - £375,000

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 PIT LANE is a very large extended detached house of 188m², built sometime before 1900. It was last sold for £375,000 in August 2020, which was around 20% above the average August 2020 detached price in the Breckland local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

14 PIT LANE Sold Prices

Land registry data shows two sales for 14 PIT LANE 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 PIT LANE sales were for above 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 24 AUG	£375,000	£312,186	20% above HPI
2006 25 JUL	£235,000	£210,947	11% above HPI

14 PIT LANE 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 PIT LANE sales from July 2006 and August 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 July 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 14 PIT LANE?

14 PIT LANE is 188m², which includes three extensions, according to the EPC inspection conducted in December 2017. This puts it in the largest 10% of detached houses in Swaffham, based on EPC data. The below chart shows the distribution of detached houses by size in Swaffham, and where 14 PIT LANE lies on this distribution: 96% of detached houses are smaller than 14 PIT LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

14 PIT LANE: Plot and Title Map

14 PIT LANE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 14 PIT LANE, 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 PIT LANE). 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 PIT LANE?

14 PIT LANE is located in SWAFFHAM, in the PE37 postcode district. The below map shows the position of No. 14 on PIT LANE.