2, CABINET CLOSE, DEREHAM, NR19 1GB - £250,000

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.

2 CABINET CLOSE is a very large detached house of 154m², built sometime between 2007 and 2011, which could now be worth an estimated £310,334. It was last sold for £250,000 in October 2018, which was around 18% below the average October 2018 detached price in the Breckland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

2 CABINET CLOSE Sold Prices

Land registry data shows two sales for 2 CABINET 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. One of the two 2 CABINET CLOSE sales was for below the average price, whilst the other 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
2018 4 OCT	£250,000	£303,863	18% below HPI
2007 2 NOV	£244,995	£239,133	2% above HPI

2 CABINET 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 CABINET CLOSE sales from November 2007 and October 2018 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 November 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 CABINET CLOSE be worth now?

2 CABINET CLOSE might now be worth an estimated £310,334.

This is based on house price inflation of 24.1%, between October 2018 and May 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 24.1% inflationary increase is applied to the most recent sale price for 2 CABINET CLOSE of £250,000 on 4th October 2018. For the value to have increased from £250,000 to £310,334 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 2 CABINET CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CABINET CLOSE has not materially changed since October 2018.

How Large is 2 CABINET CLOSE?

2 CABINET CLOSE is 154m² according to the EPC inspection conducted in October 2015. 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 CABINET CLOSE lies on this distribution: 85% of detached houses houses are smaller than 2 CABINET CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Dereham.

2 CABINET CLOSE: Plot and Title Map

2 CABINET CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 2 CABINET 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 CABINET 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 CABINET CLOSE?

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