40, GREENHOE PLACE, SWAFFHAM, PE37 7EY - £196,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 GREENHOE PLACE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £196,000 in December 2018, which was around 36% below the average December 2018 detached price in the Breckland local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was B.

40 GREENHOE PLACE Sold Prices

Land registry data shows two sales for 40 GREENHOE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 40 GREENHOE PLACE 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
2018 18 DEC	£196,000	£303,998	36% below HPI
2003 6 MAY	£130,000	£163,453	20% below HPI

40 GREENHOE PLACE 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 two 40 GREENHOE PLACE sales from May 2003 and December 2018 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 May 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 40 GREENHOE PLACE be worth now?

40 GREENHOE PLACE might now be worth an estimated £237,202.

This is based on house price inflation of 21%, between December 2018 and December 2024, 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 21% inflationary increase is applied to the most recent sale price for 40 GREENHOE PLACE of £196,000 on 18th December 2018. For the value to have increased from £196,000 to £237,202 over the six years to December 2024, the following assumptions must hold true:

• The value of 40 GREENHOE PLACE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2018 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 40 GREENHOE PLACE has not materially changed since December 2018.

How Large is 40 GREENHOE PLACE?

40 GREENHOE PLACE is 72m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% 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 40 GREENHOE PLACE lies on this distribution: 11% of detached houses houses are smaller than 40 GREENHOE PLACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

40 GREENHOE PLACE: Plot and Title Map

40 GREENHOE PLACE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 40 GREENHOE PLACE, 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 40 GREENHOE PLACE). 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 40 GREENHOE PLACE?

40 GREENHOE PLACE is located in SWAFFHAM, in the PE37 postcode district. The below map shows the position of No. 40 on GREENHOE PLACE.