THE OLD SMITHY, LONDON STREET, WHISSONSETT, DEREHAM, NR20 5ST - £480,000

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

THE OLD SMITHY is a very large extended detached house of 204m², built sometime before 1900. It was last sold for £480,000 in April 2021, which was around 49% above the average April 2021 detached price in the Breckland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

THE OLD SMITHY Sold Prices

Land registry data shows three sales for THE OLD SMITHY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three THE OLD SMITHY 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 6 APR	£480,000	£321,623	49% above HPI
2003 8 AUG	£300,000	£168,849	78% above HPI
1995 21 DEC	£91,000	£64,244	42% above HPI

THE OLD SMITHY 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 three THE OLD SMITHY sales between December 1995 and April 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 August 2003 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the April 2021 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is THE OLD SMITHY?

THE OLD SMITHY is 204m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Whissonsett, based on EPC data. The below chart shows the distribution of detached houses by size in Whissonsett, and where THE OLD SMITHY lies on this distribution: 98% of detached houses are smaller than THE OLD SMITHY, and 2% of houses are larger. Note that EPC data is not available for all properties in Whissonsett.

THE OLD SMITHY: Plot and Title Map

THE OLD SMITHY sits on a plot of roughly 0.237 of an acre, or 958m². The below map shows the location of THE OLD SMITHY, 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 THE OLD SMITHY). 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 THE OLD SMITHY?

THE OLD SMITHY is located on LONDON STREET in WHISSONSETT, in the NR20 postcode district. The below map shows the position of THE OLD SMITHY on LONDON STREET.