2, HOVETON DRIVE, SWAFFHAM, PE37 7SQ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HOVETON DRIVE is a small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £250,000 in October 2018, which was around 18% below the average October 2018 detached price in the Breckland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

2 HOVETON DRIVE Sold Prices

Land registry data shows three sales for 2 HOVETON DRIVE 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 HOVETON DRIVE 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
2018 22 OCT	£250,000	£303,863	18% below HPI
2009 24 NOV	£140,000	£206,168	32% below HPI
1999 8 JAN	£67,950	£78,472	13% below HPI

2 HOVETON DRIVE 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 HOVETON DRIVE sales between January 1999 and October 2018 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 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 HOVETON DRIVE be worth now?

2 HOVETON DRIVE might now be worth an estimated £302,687.

This is based on house price inflation of 21.1%, between October 2018 and December 2024, 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 21.1% inflationary increase is applied to the most recent sale price for 2 HOVETON DRIVE of £250,000 on 22nd October 2018. For the value to have increased from £250,000 to £302,687 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 HOVETON DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOVETON DRIVE has not materially changed since October 2018.

How Large is 2 HOVETON DRIVE?

2 HOVETON DRIVE is 83m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses houses in Swaffham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swaffham, and where 2 HOVETON DRIVE lies on this distribution: 24% of detached houses houses are smaller than 2 HOVETON DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

2 HOVETON DRIVE: Plot and Title Map

2 HOVETON DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 HOVETON DRIVE, 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 HOVETON DRIVE). 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 HOVETON DRIVE?

2 HOVETON DRIVE is located in SWAFFHAM, in the PE37 postcode district. The below map shows the position of No. 2 on HOVETON DRIVE.