2, BELL CLOSE, SCARNING, DEREHAM, NR19 2TW - £226,500

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.

2 BELL CLOSE is a very large extended detached house of 149m², built sometime between 1991 and 1995, which could now be worth an estimated £324,283. It was last sold for £226,500 in October 2015, which was around 12% below the average October 2015 detached price in the Breckland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

2 BELL CLOSE Sold Prices

Land registry data shows two sales for 2 BELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 2 BELL 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
2015 8 OCT	£226,500	£256,557	12% below HPI
2001 12 SEP	£121,000	£122,244	1% below HPI

2 BELL CLOSE 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 two 2 BELL CLOSE sales from September 2001 and October 2015 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 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 BELL CLOSE be worth now?

2 BELL CLOSE might now be worth an estimated £324,283.

This is based on house price inflation of 43.2%, between October 2015 and March 2026, 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 43.2% inflationary increase is applied to the most recent sale price for 2 BELL CLOSE of £226,500 on 8th October 2015. For the value to have increased from £226,500 to £324,283 over the eleven years and seven months to March 2026, the following assumptions must hold true:

• The value of 2 BELL CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2015 sale price of £226,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BELL CLOSE has not materially changed since October 2015.

How Large is 2 BELL CLOSE?

2 BELL CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dereham, and where 2 BELL CLOSE lies on this distribution: 83% of detached houses houses are smaller than 2 BELL CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Dereham.

2 BELL CLOSE: Plot and Title Map

2 BELL CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 BELL 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 2 BELL 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 2 BELL CLOSE?

2 BELL CLOSE is located in SCARNING, in the NR19 postcode district. The below map shows the position of No. 2 on BELL CLOSE.