HOMESTEAD, HOUGHTON LANE, NORTH PICKENHAM, SWAFFHAM, PE37 8LF - £103,000

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.

HOMESTEAD is a midsized detached house of 151m², built sometime between 1983 and 1990, which could now be worth an estimated £505,248. It was last sold for £103,000 in September 1997, which was around 36% above the average September 1997 detached price in the Breckland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

HOMESTEAD Sold Prices

Land registry data shows two sales for HOMESTEAD 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 HOMESTEAD 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
1997 8 SEP	£103,000	£75,516	36% above HPI
1996 15 MAR	£78,000	£65,314	19% above HPI

HOMESTEAD 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 HOMESTEAD sales from March 1996 and September 1997 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 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 1997 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might HOMESTEAD be worth now?

HOMESTEAD might now be worth an estimated £505,248.

This is based on house price inflation of 390.5%, between September 1997 and February 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 390.5% inflationary increase is applied to the most recent sale price for HOMESTEAD of £103,000 on 8th September 1997. For the value to have increased from £103,000 to £505,248 over the 28 years and seven months to February 2025, the following assumptions must hold true:

• The value of HOMESTEAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 1997 sale price of £103,000 represented a fair market value for the property.
• The size, condition, and specification of HOMESTEAD has not materially changed since September 1997.

How Large is HOMESTEAD?

HOMESTEAD is 151m² according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses houses in North Pickenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Pickenham, and where HOMESTEAD lies on this distribution: 56% of detached houses houses are smaller than HOMESTEAD, and 44% of houses are larger. Note that EPC data is not available for all properties in North Pickenham.

HOMESTEAD: Plot and Title Map

HOMESTEAD sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

HOMESTEAD is located on HOUGHTON LANE in NORTH PICKENHAM, in the PE37 postcode district. The below map shows the position of HOMESTEAD on HOUGHTON LANE.