2, SHOEMAKERS LANE, SWAFFHAM, PE37 7NS - £310,000

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 SHOEMAKERS LANE is a midsized extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £356,635. It was last sold for £310,000 in July 2021, which was around 4% below the average July 2021 detached price in the Breckland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

2 SHOEMAKERS LANE Sold Prices

Land registry data shows two sales for 2 SHOEMAKERS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 2 SHOEMAKERS LANE 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
2021 15 JUL	£310,000	£321,991	4% below HPI
1997 14 JUL	£66,500	£73,070	9% below HPI

2 SHOEMAKERS LANE 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 two 2 SHOEMAKERS LANE sales from July 1997 and July 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 July 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 SHOEMAKERS LANE be worth now?

2 SHOEMAKERS LANE might now be worth an estimated £356,635.

This is based on house price inflation of 15%, between July 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 15% inflationary increase is applied to the most recent sale price for 2 SHOEMAKERS LANE of £310,000 on 15th July 2021. For the value to have increased from £310,000 to £356,635 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 2 SHOEMAKERS LANE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHOEMAKERS LANE has not materially changed since July 2021.

How Large is 2 SHOEMAKERS LANE?

2 SHOEMAKERS LANE is 94m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% 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 SHOEMAKERS LANE lies on this distribution: 42% of detached houses houses are smaller than 2 SHOEMAKERS LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

2 SHOEMAKERS LANE: Plot and Title Map

2 SHOEMAKERS LANE sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of 2 SHOEMAKERS LANE, 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 SHOEMAKERS LANE). 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 SHOEMAKERS LANE?

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