19, GROVE CLOSE, SCARNING, DEREHAM, NR19 2TE - £122,500

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.

19 GROVE CLOSE is a very small terraced house of 42m², built sometime between 1976 and 1982, which could now be worth an estimated £143,588. It was last sold for £122,500 in February 2021, which was around 27% below the average February 2021 terraced price in the Breckland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was A.

19 GROVE CLOSE Sold Prices

Land registry data shows five sales for 19 GROVE 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. All of the five 19 GROVE CLOSE 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 16 FEB	£122,500	£168,081	27% below HPI
2018 21 DEC	£118,000	£155,308	24% below HPI
2009 29 APR	£80,000	£103,281	23% below HPI
2006 19 MAY	£84,000	£112,351	25% below HPI
1997 12 JUN	£26,000	£33,383	22% below HPI

19 GROVE 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 19 GROVE CLOSE sales between June 1997 and February 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 December 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 19 GROVE CLOSE be worth now?

19 GROVE CLOSE might now be worth an estimated £143,588.

This is based on house price inflation of 17.2%, between February 2021 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 17.2% inflationary increase is applied to the most recent sale price for 19 GROVE CLOSE of £122,500 on 16th February 2021. For the value to have increased from £122,500 to £143,588 over the four years and ten months to April 2026, the following assumptions must hold true:

• The value of 19 GROVE CLOSE has moved in line with the HPI for terraced houses in the Breckland local authority area.
• The February 2021 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 19 GROVE CLOSE has not materially changed since February 2021.

How Large is 19 GROVE CLOSE?

19 GROVE CLOSE is 42m² according to the EPC inspection conducted in January 2019. 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 19 GROVE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 19 GROVE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Dereham.

19 GROVE CLOSE: Plot and Title Map

19 GROVE CLOSE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 19 GROVE 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 19 GROVE 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 19 GROVE CLOSE?

19 GROVE CLOSE is located in SCARNING, in the NR19 postcode district. The below map shows the position of No. 19 on GROVE CLOSE.