24, FARM WALK, NECTON, SWAFFHAM, PE37 8LX - £175,000

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

24 FARM WALK is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £175,000 in February 2020, which was around 41% below the average February 2020 detached price in the Breckland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

24 FARM WALK Sold Prices

Land registry data shows three sales for 24 FARM WALK 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 24 FARM WALK 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
2020 14 FEB	£175,000	£297,163	41% below HPI
2004 1 SEP	£149,950	£189,097	21% below HPI
2001 4 MAY	£76,000	£109,921	31% below HPI

24 FARM WALK 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 24 FARM WALK sales between May 2001 and February 2020 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 24 FARM WALK?

24 FARM WALK is 71m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses in Necton, based on EPC data. The below chart shows the distribution of detached houses by size in Necton, and where 24 FARM WALK lies on this distribution: 19% of detached houses are smaller than 24 FARM WALK, and 79% of houses are larger. Note that EPC data is not available for all properties in Necton.

24 FARM WALK: Plot and Title Map

24 FARM WALK sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 24 FARM WALK, 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 24 FARM WALK). 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 24 FARM WALK?

24 FARM WALK is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 24 on FARM WALK.