2, THE AVENUE, NECTON, SWAFFHAM, PE37 8EP - £335,000

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 THE AVENUE is a very large extended detached house of 155m², built sometime between 1950 and 1966. It was last sold for £335,000 in June 2021, which was around 4% above the average June 2021 detached price in the Breckland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

2 THE AVENUE Sold Prices

Land registry data shows six sales for 2 THE AVENUE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. three of the six 2 THE AVENUE sales were for above the average price, and six 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 30 JUN	£335,000	£320,642	4% above HPI
2021 22 FEB	£275,000	£321,731	15% below HPI
2012 10 OCT	£174,000	£209,295	17% below HPI
2008 1 AUG	£245,000	£207,609	18% above HPI
2005 12 AUG	£189,995	£201,883	6% below HPI
2002 22 FEB	£156,000	£125,472	24% above HPI

2 THE AVENUE 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 six 2 THE AVENUE sales between February 2002 and June 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 February 2021 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 THE AVENUE?

2 THE AVENUE is 155m², which includes three extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 10% 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 THE AVENUE lies on this distribution: 91% of detached houses are smaller than 2 THE AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Necton.

2 THE AVENUE: Plot and Title Map

2 THE AVENUE sits on a plot of roughly 0.147 of an acre, or 597m². The below map shows the location of 2 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

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