3, RAMMS LANE, NECTON, SWAFFHAM, PE37 8EZ - £370,000

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

3 RAMMS LANE is a very large detached house of 155m², built sometime between 1976 and 1982. It was last sold for £370,000 in December 2023, which was around 3% above the average December 2023 detached price in the Breckland local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

3 RAMMS LANE Sold Prices

Land registry data shows three sales for 3 RAMMS LANE 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 3 RAMMS LANE sales were for above 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 19 DEC	£370,000	£358,681	3% above HPI
2011 20 APR	£315,000	£201,453	56% above HPI
2004 14 APR	£200,000	£182,156	10% above HPI

3 RAMMS 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 three 3 RAMMS LANE sales between April 2004 and December 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 April 2011 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 3 RAMMS LANE?

3 RAMMS LANE is 155m² according to the EPC inspection conducted in December 2023. 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 3 RAMMS LANE lies on this distribution: 91% of detached houses are smaller than 3 RAMMS LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Necton.

3 RAMMS LANE: Plot and Title Map

3 RAMMS LANE sits on a plot of roughly 0.250 of an acre, or 1,012m². The below map shows the location of 3 RAMMS 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 3 RAMMS 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 3 RAMMS LANE?

3 RAMMS LANE is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 3 on RAMMS LANE.