GAINFORD, CAMPINGLAND, SWAFFHAM, PE37 7RB - £350,000

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.

GAINFORD is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £403,723. It was last sold for £350,000 in June 2021, which was around 8% above the average June 2021 detached price in the Breckland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

GAINFORD Sold Prices

Land registry data shows five sales for GAINFORD 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. Most of the five GAINFORD 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
2021 30 JUN	£350,000	£323,138	8% above HPI
2013 28 MAY	£157,000	£205,873	24% below HPI
2008 23 DEC	£170,000	£213,064	20% below HPI
2007 9 AUG	£220,000	£235,402	7% below HPI
1995 12 APR	£51,250	£65,262	21% below HPI

GAINFORD 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 GAINFORD sales between April 1995 and June 2021 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 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might GAINFORD be worth now?

GAINFORD might now be worth an estimated £403,723.

This is based on house price inflation of 15.3%, between June 2021 and March 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 15.3% inflationary increase is applied to the most recent sale price for GAINFORD of £350,000 on 30th June 2021. For the value to have increased from £350,000 to £403,723 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of GAINFORD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of GAINFORD has not materially changed since June 2021.

How Large is GAINFORD?

GAINFORD is 75m² according to the EPC inspection conducted in October 2008. 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 GAINFORD lies on this distribution: 15% of detached houses houses are smaller than GAINFORD, and 85% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

GAINFORD: Plot and Title Map

GAINFORD sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of GAINFORD, 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 GAINFORD). 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 GAINFORD?

GAINFORD is located on CAMPINGLAND in SWAFFHAM, in the PE37 postcode district. The below map shows the position of GAINFORD on CAMPINGLAND.