SILKWOOD, HOE ROAD, LONGHAM, DEREHAM, NR19 2RP - £615,000

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.

SILKWOOD is a very large detached house of 205m², built sometime between 1983 and 1990, which could now be worth an estimated £717,836. It was last sold for £615,000 in September 2020, which was around 94% above the average September 2020 detached price in the Breckland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was A.

SILKWOOD Sold Prices

Land registry data shows two sales for SILKWOOD 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 SILKWOOD 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
2020 4 SEP	£615,000	£317,363	94% above HPI
2003 2 DEC	£342,500	£178,009	92% above HPI

SILKWOOD 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 SILKWOOD sales from December 2003 and September 2020 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 December 2003 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the September 2020 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might SILKWOOD be worth now?

SILKWOOD might now be worth an estimated £717,836.

This is based on house price inflation of 16.7%, between September 2020 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 16.7% inflationary increase is applied to the most recent sale price for SILKWOOD of £615,000 on 4th September 2020. For the value to have increased from £615,000 to £717,836 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of SILKWOOD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2020 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of SILKWOOD has not materially changed since September 2020.

How Large is SILKWOOD?

SILKWOOD is 205m² according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses houses in Longham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longham, and where SILKWOOD lies on this distribution: 97% of detached houses houses are smaller than SILKWOOD, and 3% of houses are larger. Note that EPC data is not available for all properties in Longham.

SILKWOOD: Plot and Title Map

SILKWOOD sits on a plot of roughly 1.3 acres, or 5,303m². The below map shows the location of SILKWOOD, 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 SILKWOOD). 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 SILKWOOD?

SILKWOOD is located on HOE ROAD in LONGHAM, in the NR19 postcode district. The below map shows the position of SILKWOOD on HOE ROAD.