Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 CROMWELL CLOSE is a very large detached house of 142m², built sometime between 1991 and 1995. It was last sold for £290,000 in August 2019, which was around 3% below the average August 2019 detached price in the Breckland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 CROMWELL CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. The four 2 CROMWELL CLOSE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2019 29 AUG | £290,000 | £300,062 | 3% below HPI |
2006 14 FEB | £178,000 | £200,287 | 11% below HPI |
2002 2 AUG | £132,950 | £142,428 | 7% below HPI |
1999 1 JUN | £81,000 | £80,995 | Close to HPI |
The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The four 2 CROMWELL CLOSE sales between June 1999 and August 2019 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.
2 CROMWELL CLOSE is 142m² according to the EPC inspection conducted in April 2019. This puts it in the largest 20% of detached houses in Swaffham, based on EPC data. The below chart shows the distribution of detached houses by size in Swaffham, and where 2 CROMWELL CLOSE lies on this distribution: 85% of detached houses are smaller than 2 CROMWELL CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Swaffham.
2 CROMWELL CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 2 CROMWELL 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 2 CROMWELL 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.
2 CROMWELL CLOSE is located in SWAFFHAM, in the PE37 postcode district. The below map shows the position of No. 2 on CROMWELL CLOSE.