3, WREN CLOSE, NECTON, SWAFFHAM, PE37 8NR - £204,000

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 WREN CLOSE is a very small detached house of 42m², built sometime between 1996 and 2002. It was last sold for £204,000 in December 2021, which was around 41% below the average December 2021 detached price in the Breckland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

3 WREN CLOSE Sold Prices

Land registry data shows three sales for 3 WREN CLOSE 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 WREN CLOSE 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 3 DEC	£204,000	£347,208	41% below HPI
2018 20 JUL	£150,000	£295,487	49% below HPI
2006 26 OCT	£129,500	£215,446	40% below HPI

3 WREN CLOSE 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 WREN CLOSE sales between October 2006 and December 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 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 WREN CLOSE?

3 WREN CLOSE is 42m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 WREN CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 3 WREN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Necton.

3 WREN CLOSE: Plot and Title Map

3 WREN CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 3 WREN CLOSE, 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 WREN CLOSE). 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 WREN CLOSE?

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