SWANLEY, GREENGATE, SWANTON MORLEY, DEREHAM, NR20 4LX - £268,000

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.

SWANLEY is a small detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £339,507. It was last sold for £268,000 in June 2019, which was around 9% below the average June 2019 detached price in the Breckland local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was A.

SWANLEY Sold Prices

Land registry data shows three sales for SWANLEY 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. Two of the three SWANLEY sales were for below the average price, whilst one was 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
2019 20 JUN	£268,000	£294,232	9% below HPI
2018 23 APR	£250,000	£301,340	17% below HPI
2000 3 NOV	£120,000	£107,570	12% above HPI

SWANLEY 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 SWANLEY sales between November 2000 and June 2019 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 April 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might SWANLEY be worth now?

SWANLEY might now be worth an estimated £339,507.

This is based on house price inflation of 26.7%, between June 2019 and March 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 26.7% inflationary increase is applied to the most recent sale price for SWANLEY of £268,000 on 20th June 2019. For the value to have increased from £268,000 to £339,507 over the six years and three months to March 2025, the following assumptions must hold true:

• The value of SWANLEY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2019 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of SWANLEY has not materially changed since June 2019.

How Large is SWANLEY?

SWANLEY is 83m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% of detached houses houses in Swanton Morley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swanton Morley, and where SWANLEY lies on this distribution: 23% of detached houses houses are smaller than SWANLEY, and 76% of houses are larger. Note that EPC data is not available for all properties in Swanton Morley.

SWANLEY: Plot and Title Map

SWANLEY sits on a plot of roughly 0.422 of an acre, or 1,706m². The below map shows the location of SWANLEY, 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 SWANLEY). 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 SWANLEY?

SWANLEY is located on GREENGATE in SWANTON MORLEY, in the NR20 postcode district. The below map shows the position of SWANLEY on GREENGATE.