2, BELLS MEADOW, NECTON, SWAFFHAM, PE37 8NE - £535,000

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.

2 BELLS MEADOW is a very large extended detached house of 170m², built sometime between 1996 and 2002, which could now be worth an estimated £611,223. It was last sold for £535,000 in February 2021, which was around 65% above the average February 2021 detached price in the Breckland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

2 BELLS MEADOW Sold Prices

Land registry data shows three sales for 2 BELLS MEADOW 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 2 BELLS MEADOW 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
2021 3 FEB	£535,000	£324,235	65% above HPI
2019 19 FEB	£470,000	£302,750	55% above HPI
1999 9 DEC	£155,000	£93,488	66% above HPI

2 BELLS MEADOW 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 2 BELLS MEADOW sales between December 1999 and February 2021 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 February 2019 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2021 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 2 BELLS MEADOW be worth now?

2 BELLS MEADOW might now be worth an estimated £611,223.

This is based on house price inflation of 14.2%, between February 2021 and February 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 14.2% inflationary increase is applied to the most recent sale price for 2 BELLS MEADOW of £535,000 on 3rd February 2021. For the value to have increased from £535,000 to £611,223 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 BELLS MEADOW has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2021 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BELLS MEADOW has not materially changed since February 2021.

How Large is 2 BELLS MEADOW?

2 BELLS MEADOW is 170m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses houses in Necton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Necton, and where 2 BELLS MEADOW lies on this distribution: 94% of detached houses houses are smaller than 2 BELLS MEADOW, and 6% of houses are larger. Note that EPC data is not available for all properties in Necton.

2 BELLS MEADOW: Plot and Title Map

2 BELLS MEADOW sits on a plot of roughly 0.450 of an acre, or 1,821m². The below map shows the location of 2 BELLS MEADOW, 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 2 BELLS MEADOW). 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 2 BELLS MEADOW?

2 BELLS MEADOW is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 2 on BELLS MEADOW.