FARTHINGS, NORTH PICKENHAM ROAD, NECTON, SWAFFHAM, PE37 8EF - £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

FARTHINGS is a midsized detached house of 83m², built sometime between 1983 and 1990. It was last sold for £270,000 in March 2024, which was around 25% below the average March 2024 detached price in the Breckland local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

FARTHINGS Sold Prices

Land registry data shows two sales for FARTHINGS 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 FARTHINGS 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
2024 20 MAR	£270,000	£359,959	25% below HPI
1996 18 OCT	£66,000	£68,865	4% below HPI

FARTHINGS 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 FARTHINGS sales from October 1996 and March 2024 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 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is FARTHINGS?

FARTHINGS is 83m² according to the EPC inspection conducted in September 2023. 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 FARTHINGS lies on this distribution: 44% of detached houses are smaller than FARTHINGS, and 56% of houses are larger. Note that EPC data is not available for all properties in Necton.

FARTHINGS: Plot and Title Map

FARTHINGS sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of FARTHINGS, 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 FARTHINGS). 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 FARTHINGS?

FARTHINGS is located on NORTH PICKENHAM ROAD in NECTON, in the PE37 postcode district. The below map shows the position of FARTHINGS on NORTH PICKENHAM ROAD.