16, FARM WALK, NECTON, SWAFFHAM, PE37 8LX - £138,000

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

16 FARM WALK is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £138,000 in November 2012, which was around 34% below the average November 2012 detached price in the Breckland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

16 FARM WALK Sold Prices

Land registry data shows two sales for 16 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 16 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
2012 16 NOV	£138,000	£209,861	34% below HPI
2011 31 MAR	£115,000	£202,207	43% below HPI

16 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 16 FARM WALK sales from March 2011 and November 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 March 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2012 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 16 FARM WALK?

16 FARM WALK is 70m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Necton, based on EPC data. The below chart shows the distribution of detached houses by size in Necton, and where 16 FARM WALK lies on this distribution: 18% of detached houses are smaller than 16 FARM WALK, and 82% of houses are larger. Note that EPC data is not available for all properties in Necton.

16 FARM WALK: Plot and Title Map

16 FARM WALK sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 16 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 16 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 16 FARM WALK?

16 FARM WALK is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 16 on FARM WALK.