11, SCHOOL LANE, DEREHAM, NR19 1LR - £235,000

11 SCHOOL LANE is a very small extended detached house of 59m², built sometime between 1930 and 1949. It was last sold for £235,000 in June 2021, which was around 27% below the average June 2021 detached price in the Breckland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

11 SCHOOL LANE Sold Prices

Land registry data shows three sales for 11 SCHOOL LANE 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 11 SCHOOL LANE 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
2021 22 JUN	£235,000	£320,642	27% below HPI
2018 21 SEP	£230,000	£299,886	23% below HPI
2008 30 MAY	£153,000	£225,143	32% below HPI

11 SCHOOL LANE 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 11 SCHOOL LANE sales between May 2008 and June 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 September 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 11 SCHOOL LANE?

11 SCHOOL LANE is 59m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 11 SCHOOL LANE lies on this distribution: 2% of detached houses are smaller than 11 SCHOOL LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Dereham.

11 SCHOOL LANE: Plot and Title Map

11 SCHOOL LANE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 11 SCHOOL LANE, 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 11 SCHOOL LANE). 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 11 SCHOOL LANE?

11 SCHOOL LANE is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 11 on SCHOOL LANE.