2, MILL FARM NURSERIES, SWAFFHAM, PE37 7PJ - £235,000

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

2 MILL FARM NURSERIES is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £235,000 in October 2023, which was around 35% below the average October 2023 detached price in the Breckland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2 MILL FARM NURSERIES Sold Prices

Land registry data shows five sales for 2 MILL FARM NURSERIES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 2 MILL FARM NURSERIES 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
2023 27 OCT	£235,000	£359,069	35% below HPI
2016 14 SEP	£195,000	£277,991	30% below HPI
2002 6 SEP	£112,000	£150,552	26% below HPI
1998 30 OCT	£64,950	£79,087	18% below HPI
1998 1 OCT	£64,950	£79,087	18% below HPI

2 MILL FARM NURSERIES 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 five 2 MILL FARM NURSERIES sales between October 1998 and October 2023 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 September 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 MILL FARM NURSERIES?

2 MILL FARM NURSERIES is 69m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% 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 MILL FARM NURSERIES lies on this distribution: 9% of detached houses are smaller than 2 MILL FARM NURSERIES, and 90% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

2 MILL FARM NURSERIES: Plot and Title Map

2 MILL FARM NURSERIES sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 2 MILL FARM NURSERIES, 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 MILL FARM NURSERIES). 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 MILL FARM NURSERIES?

2 MILL FARM NURSERIES is located in SWAFFHAM, in the PE37 postcode district. The below map shows the position of No. 2 on MILL FARM NURSERIES.