3, SPINNERS LANE, SWAFFHAM, PE37 7LP - £177,500

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.

3 SPINNERS LANE is a midsized extended detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £270,897. It was last sold for £177,500 in June 2015, which was around 27% below the average June 2015 detached price in the Breckland local authority area. The most recent EPC inspection was September 2008, where the current energy rating was D, and the potential energy rating was C.

3 SPINNERS LANE Sold Prices

Land registry data shows four sales for 3 SPINNERS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Most of the four 3 SPINNERS 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
2015 22 JUN	£177,500	£244,229	27% below HPI
2009 10 JUL	£225,000	£196,599	14% above HPI
2004 22 OCT	£190,000	£194,960	3% below HPI
1995 17 MAR	£44,500	£66,435	33% below HPI

3 SPINNERS 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 four 3 SPINNERS LANE sales between March 1995 and June 2015 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 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 SPINNERS LANE be worth now?

3 SPINNERS LANE might now be worth an estimated £270,897.

This is based on house price inflation of 52.6%, between June 2015 and March 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 52.6% inflationary increase is applied to the most recent sale price for 3 SPINNERS LANE of £177,500 on 22nd June 2015. For the value to have increased from £177,500 to £270,897 over the ten years and three months to March 2025, the following assumptions must hold true:

• The value of 3 SPINNERS LANE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2015 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SPINNERS LANE has not materially changed since June 2015.

How Large is 3 SPINNERS LANE?

3 SPINNERS LANE is 94m², which includes one extension, according to the EPC inspection conducted in September 2008. 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 3 SPINNERS LANE lies on this distribution: 42% of detached houses houses are smaller than 3 SPINNERS LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

3 SPINNERS LANE: Plot and Title Map

3 SPINNERS LANE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 3 SPINNERS 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 SPINNERS 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 SPINNERS LANE?

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