7, CHANTRY LANE, NECTON, SWAFFHAM, PE37 8ES - £235,000

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

7 CHANTRY LANE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £235,000 in February 2023, which was around 37% below the average February 2023 detached price in the Breckland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was B.

7 CHANTRY LANE Sold Prices

Land registry data shows three sales for 7 CHANTRY 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 7 CHANTRY 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
2023 3 FEB	£235,000	£374,451	37% below HPI
2011 21 MAR	£130,000	£202,207	36% below HPI
1999 2 JUL	£60,000	£83,250	28% below HPI

7 CHANTRY 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 7 CHANTRY LANE sales between July 1999 and February 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 March 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 7 CHANTRY LANE?

7 CHANTRY LANE is 64m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Necton, based on EPC data. The below chart shows the distribution of detached houses by size in Necton, and where 7 CHANTRY LANE lies on this distribution: 12% of detached houses are smaller than 7 CHANTRY LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Necton.

7 CHANTRY LANE: Plot and Title Map

7 CHANTRY LANE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 7 CHANTRY 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 7 CHANTRY 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 7 CHANTRY LANE?

7 CHANTRY LANE is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 7 on CHANTRY LANE.