SNOWDROPS, KENNINGHALL ROAD, NORTH LOPHAM, DISS, IP22 2NL - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SNOWDROPS is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £285,000 in April 2022, which was around 20% below the average April 2022 detached price in the Breckland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was B.

SNOWDROPS Sold Prices

Land registry data shows four sales for SNOWDROPS 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 SNOWDROPS 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
2022 22 APR	£285,000	£356,530	20% below HPI
2011 12 SEP	£195,000	£211,055	8% below HPI
2006 15 AUG	£195,000	£212,328	8% below HPI
1997 29 SEP	£73,000	£74,933	3% below HPI

SNOWDROPS 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 SNOWDROPS sales between September 1997 and April 2022 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 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is SNOWDROPS?

SNOWDROPS is 82m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in North Lopham, based on EPC data. The below chart shows the distribution of detached houses by size in North Lopham, and where SNOWDROPS lies on this distribution: 11% of detached houses are smaller than SNOWDROPS, and 89% of houses are larger. Note that EPC data is not available for all properties in North Lopham.

SNOWDROPS: Plot and Title Map

SNOWDROPS sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of SNOWDROPS, 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 SNOWDROPS). 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 SNOWDROPS?

SNOWDROPS is located on KENNINGHALL ROAD in NORTH LOPHAM, in the IP22 postcode district. The below map shows the position of SNOWDROPS on KENNINGHALL ROAD.