2, FOLLY VIEW, NECTON, SWAFFHAM, PE37 8LU - £149,950

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

2 FOLLY VIEW is a midsized detached house of 84m², built sometime between 1967 and 1975. It was last sold for £149,950 in November 2013, which was around 30% below the average November 2013 detached price in the Breckland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

2 FOLLY VIEW Sold Prices

Land registry data shows three sales for 2 FOLLY VIEW 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 FOLLY VIEW 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
2013 5 NOV	£149,950	£215,467	30% below HPI
2007 14 MAY	£177,000	£223,727	21% below HPI
1995 11 DEC	£48,500	£64,244	25% below HPI

2 FOLLY VIEW 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 FOLLY VIEW sales between December 1995 and November 2013 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 May 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 FOLLY VIEW?

2 FOLLY VIEW is 84m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses in Necton, based on EPC data. The below chart shows the distribution of detached houses by size in Necton, and where 2 FOLLY VIEW lies on this distribution: 45% of detached houses are smaller than 2 FOLLY VIEW, and 53% of houses are larger. Note that EPC data is not available for all properties in Necton.

2 FOLLY VIEW: Plot and Title Map

2 FOLLY VIEW sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 2 FOLLY VIEW, 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 FOLLY VIEW). 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 FOLLY VIEW?

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