31, JUBILEE WAY, NECTON, SWAFFHAM, PE37 8NA - £173,000

31 JUBILEE WAY is a very small detached house of 32m², built sometime between 1976 and 1982. It was last sold for £173,000 in August 2018, which was around 42% below the average August 2018 detached price in the Breckland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

31 JUBILEE WAY Sold Prices

Land registry data shows two sales for 31 JUBILEE WAY 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 31 JUBILEE WAY 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
2018 31 AUG	£173,000	£298,316	42% below HPI
2016 21 DEC	£160,000	£281,870	43% below HPI

31 JUBILEE WAY 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 31 JUBILEE WAY sales from December 2016 and August 2018 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2018 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 31 JUBILEE WAY?

31 JUBILEE WAY is 32m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Necton, based on EPC data. The below chart shows the distribution of detached houses by size in Necton, and where 31 JUBILEE WAY lies on this distribution: Less than 1% of detached houses are smaller than 31 JUBILEE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Necton.

31 JUBILEE WAY: Plot and Title Map

31 JUBILEE WAY sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 31 JUBILEE WAY, 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 31 JUBILEE WAY). 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 31 JUBILEE WAY?

31 JUBILEE WAY is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 31 on JUBILEE WAY.