38, MASONS DRIVE, NECTON, SWAFFHAM, PE37 8EE - £293,000

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.

38 MASONS DRIVE is a midsized detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £297,666. It was last sold for £293,000 in June 2022, which was around 20% below the average June 2022 detached price in the Breckland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

38 MASONS DRIVE Sold Prices

Land registry data shows five sales for 38 MASONS DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 38 MASONS DRIVE 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
2022 21 JUN	£293,000	£364,623	20% below HPI
2019 8 AUG	£230,000	£302,398	24% below HPI
2014 21 NOV	£157,000	£240,593	35% below HPI
1998 3 APR	£58,500	£75,588	23% below HPI
1995 4 JAN	£46,000	£67,716	32% below HPI

38 MASONS DRIVE 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 five 38 MASONS DRIVE sales between January 1995 and June 2022 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 August 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 38 MASONS DRIVE be worth now?

38 MASONS DRIVE might now be worth an estimated £297,666.

This is based on house price inflation of 1.6%, between June 2022 and February 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 1.6% inflationary increase is applied to the most recent sale price for 38 MASONS DRIVE of £293,000 on 21st June 2022. For the value to have increased from £293,000 to £297,666 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 38 MASONS DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2022 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MASONS DRIVE has not materially changed since June 2022.

How Large is 38 MASONS DRIVE?

38 MASONS DRIVE is 82m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses houses in Necton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Necton, and where 38 MASONS DRIVE lies on this distribution: 41% of detached houses houses are smaller than 38 MASONS DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Necton.

38 MASONS DRIVE: Plot and Title Map

38 MASONS DRIVE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 38 MASONS DRIVE, 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 38 MASONS DRIVE). 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 38 MASONS DRIVE?

38 MASONS DRIVE is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 38 on MASONS DRIVE.