15, FARROW CLOSE, SWANTON MORLEY, DEREHAM, NR20 4RN - £165,000

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.

15 FARROW CLOSE is a small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £303,651. It was last sold for £165,000 in March 2012, which was around 19% below the average March 2012 detached price in the Breckland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

15 FARROW CLOSE Sold Prices

Land registry data shows three sales for 15 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 15 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
2012 16 MAR	£165,000	£202,541	19% below HPI
2001 2 NOV	£95,000	£124,620	24% below HPI
1997 10 MAR	£49,500	£69,183	28% below HPI

15 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 15 FARROW CLOSE sales between March 1997 and March 2012 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 November 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2012 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 15 FARROW CLOSE be worth now?

15 FARROW CLOSE might now be worth an estimated £303,651.

This is based on house price inflation of 84%, between March 2012 and March 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 84% inflationary increase is applied to the most recent sale price for 15 FARROW CLOSE of £165,000 on 16th March 2012. For the value to have increased from £165,000 to £303,651 over the thirteen years to March 2025, the following assumptions must hold true:

• The value of 15 FARROW CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2012 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FARROW CLOSE has not materially changed since March 2012.

How Large is 15 FARROW CLOSE?

15 FARROW CLOSE is 83m² according to the EPC inspection conducted in March 2011. 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 15 FARROW CLOSE lies on this distribution: 23% of detached houses houses are smaller than 15 FARROW CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Swanton Morley.

15 FARROW CLOSE: Plot and Title Map

15 FARROW CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 15 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 15 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 15 FARROW CLOSE?

15 FARROW CLOSE is located in SWANTON MORLEY, in the NR20 postcode district. The below map shows the position of No. 15 on FARROW CLOSE.