WHEATFIELDS, HEYWOOD ROAD, SHELFANGER, DISS, IP22 2DJ - £275,000

WHEATFIELDS is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £275,000 in May 2021, which was around 29% below the average May 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

WHEATFIELDS Sold Prices

Land registry data shows three sales for WHEATFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Two of the three WHEATFIELDS 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
2021 21 MAY	£275,000	£385,568	29% below HPI
1996 24 MAY	£71,000	£70,064	1% above HPI
1995 31 MAR	£69,500	£73,389	5% below HPI

WHEATFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three WHEATFIELDS sales between March 1995 and May 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 May 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is WHEATFIELDS?

WHEATFIELDS is 84m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Shelfanger, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfanger, and where WHEATFIELDS lies on this distribution: 9% of detached houses are smaller than WHEATFIELDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Shelfanger.

WHEATFIELDS: Plot and Title Map

WHEATFIELDS sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of WHEATFIELDS, 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 WHEATFIELDS). 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 WHEATFIELDS?

WHEATFIELDS is located on HEYWOOD ROAD in SHELFANGER, in the IP22 postcode district. The below map shows the position of WHEATFIELDS on HEYWOOD ROAD.