GRASSMERE, NORWICH ROAD, SWAFFHAM, PE37 8DE - £365,000

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

GRASSMERE is a very large extended detached house of 163m², built sometime between 1983 and 1990. It was last sold for £365,000 in September 2021, which was around 13% above the average September 2021 detached price in the Breckland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

GRASSMERE Sold Prices

Land registry data shows four sales for GRASSMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four GRASSMERE sales were for above 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 15 SEP	£365,000	£324,337	13% above HPI
2007 6 JUL	£325,000	£231,363	40% above HPI
2000 20 APR	£150,000	£94,730	58% above HPI
1997 27 MAR	£100,000	£68,648	46% above HPI

GRASSMERE 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 four GRASSMERE sales between March 1997 and September 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 July 2007 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is GRASSMERE?

GRASSMERE is 163m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses in Swaffham, based on EPC data. The below chart shows the distribution of detached houses by size in Swaffham, and where GRASSMERE lies on this distribution: 92% of detached houses are smaller than GRASSMERE, and 7% of houses are larger. Note that EPC data is not available for all properties in Swaffham.

GRASSMERE: Plot and Title Map

GRASSMERE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of GRASSMERE, 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 GRASSMERE). 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 GRASSMERE?

GRASSMERE is located on NORWICH ROAD in SWAFFHAM, in the PE37 postcode district. The below map shows the position of GRASSMERE on NORWICH ROAD.