THE WILLOWS, CHAPEL ROAD, LONGHAM, DEREHAM, NR19 2AJ - £149,950

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

THE WILLOWS is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £149,950 in May 2013, which was around 27% below the average May 2013 detached price in the Breckland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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 THE WILLOWS 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
2013 22 MAY	£149,950	£204,283	27% below HPI
1996 31 OCT	£54,000	£68,865	22% below HPI

THE WILLOWS 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 THE WILLOWS sales from October 1996 and May 2013 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 October 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2013 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 65m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Longham, based on EPC data. The below chart shows the distribution of detached houses by size in Longham, and where THE WILLOWS lies on this distribution: Less than 1% of detached houses are smaller than THE WILLOWS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Longham.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on CHAPEL ROAD in LONGHAM, in the NR19 postcode district. The below map shows the position of THE WILLOWS on CHAPEL ROAD.