18, NORMAN CLOSE, SCARNING, DEREHAM, NR19 2TD - £184,000

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.

18 NORMAN CLOSE is a very small terraced house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £190,974. It was last sold for £184,000 in August 2023, which was around 3% below the average August 2023 terraced price in the Breckland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

18 NORMAN CLOSE Sold Prices

Land registry data shows five sales for 18 NORMAN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Breckland local authority area for the corresponding sale date. The five 18 NORMAN CLOSE sales were a mix of below the average price, and roughly equal to 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
2023 14 AUG	£184,000	£189,821	3% below HPI
2019 2 AUG	£130,000	£155,553	16% below HPI
2014 12 DEC	£122,000	£126,897	4% below HPI
2007 11 JUL	£127,000	£127,240	Close to HPI
2000 24 MAR	£44,000	£45,059	2% below HPI

18 NORMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Breckland local authority area over time, sourced from the HPI. The five 18 NORMAN CLOSE sales between March 2000 and August 2023 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 August 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 18 NORMAN CLOSE be worth now?

18 NORMAN CLOSE might now be worth an estimated £190,974.

This is based on house price inflation of 3.8%, between August 2023 and April 2026, for terraced 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 3.8% inflationary increase is applied to the most recent sale price for 18 NORMAN CLOSE of £184,000 on 14th August 2023. For the value to have increased from £184,000 to £190,974 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of 18 NORMAN CLOSE has moved in line with the HPI for terraced houses in the Breckland local authority area.
• The August 2023 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NORMAN CLOSE has not materially changed since August 2023.

How Large is 18 NORMAN CLOSE?

18 NORMAN CLOSE is 59m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of terraced houses houses in Dereham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dereham, and where 18 NORMAN CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 18 NORMAN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Dereham.

18 NORMAN CLOSE: Plot and Title Map

18 NORMAN CLOSE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 18 NORMAN CLOSE, 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 18 NORMAN CLOSE). 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 18 NORMAN CLOSE?

18 NORMAN CLOSE is located in SCARNING, in the NR19 postcode district. The below map shows the position of No. 18 on NORMAN CLOSE.