PANOMAL, CROSS ROAD, SWANTON ABBOTT, NORWICH, NR10 5DT - £232,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PANOMAL is a small extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £232,000 in October 2015, which was around 23% below the average October 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

PANOMAL Sold Prices

Land registry data shows two sales for PANOMAL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two PANOMAL 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
2015 2 OCT	£232,000	£301,893	23% below HPI
2009 1 SEP	£168,000	£239,254	30% below HPI

PANOMAL Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two PANOMAL sales from September 2009 and October 2015 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 September 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might PANOMAL be worth now?

PANOMAL might now be worth an estimated £323,443.

This is based on house price inflation of 39.4%, between October 2015 and December 2024, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.4% inflationary increase is applied to the most recent sale price for PANOMAL of £232,000 on 2nd October 2015. For the value to have increased from £232,000 to £323,443 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of PANOMAL has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2015 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of PANOMAL has not materially changed since October 2015.

How Large is PANOMAL?

PANOMAL is 120m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses houses in Swanton Abbott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swanton Abbott, and where PANOMAL lies on this distribution: 29% of detached houses houses are smaller than PANOMAL, and 71% of houses are larger. Note that EPC data is not available for all properties in Swanton Abbott.

PANOMAL: Plot and Title Map

PANOMAL sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of PANOMAL, 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 PANOMAL). 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 PANOMAL?

PANOMAL is located on CROSS ROAD in SWANTON ABBOTT, in the NR10 postcode district. The below map shows the position of PANOMAL on CROSS ROAD.