7, FARM WALK, NECTON, SWAFFHAM, PE37 8LX - £270,000

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 FARM WALK is a midsized extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £270,000 in February 2019, which was around 10% below the average February 2019 detached price in the Breckland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

7 FARM WALK Sold Prices

Land registry data shows two sales for 7 FARM WALK 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 7 FARM WALK 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
2019 20 FEB	£270,000	£300,411	10% below HPI
2010 13 OCT	£131,000	£208,903	37% below HPI

7 FARM WALK 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 7 FARM WALK sales from October 2010 and February 2019 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 October 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 FARM WALK?

7 FARM WALK is 86m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% 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 FARM WALK lies on this distribution: 48% of detached houses are smaller than 7 FARM WALK, and 50% of houses are larger. Note that EPC data is not available for all properties in Necton.

7 FARM WALK: Plot and Title Map

7 FARM WALK sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 7 FARM WALK, 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 FARM WALK). 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 FARM WALK?

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