3, RIVERSIDE CLOSE, SCARNING, DEREHAM, NR19 2FF - £289,950

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.

3 RIVERSIDE CLOSE is a midsized extended terraced house of 114m², built sometime between 2003 and 2006, which could now be worth an estimated £329,210. It was last sold for £289,950 in June 2021, which was around 70% above the average June 2021 terraced price in the Breckland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

3 RIVERSIDE CLOSE Sold Prices

Land registry data shows three sales for 3 RIVERSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Breckland local authority area for the corresponding sale date. All of the three 3 RIVERSIDE CLOSE sales were 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
2021 17 JUN	£289,950	£170,091	70% above HPI
2018 11 OCT	£275,000	£155,700	77% above HPI
2007 24 AUG	£215,000	£127,678	68% above HPI

3 RIVERSIDE 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 three 3 RIVERSIDE CLOSE sales between August 2007 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 October 2018 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the June 2021 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 3 RIVERSIDE CLOSE be worth now?

3 RIVERSIDE CLOSE might now be worth an estimated £329,210.

This is based on house price inflation of 13.5%, between June 2021 and March 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 13.5% inflationary increase is applied to the most recent sale price for 3 RIVERSIDE CLOSE of £289,950 on 17th June 2021. For the value to have increased from £289,950 to £329,210 over the five years and three months to March 2026, the following assumptions must hold true:

• The value of 3 RIVERSIDE CLOSE has moved in line with the HPI for terraced houses in the Breckland local authority area.
• The June 2021 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of 3 RIVERSIDE CLOSE has not materially changed since June 2021.

How Large is 3 RIVERSIDE CLOSE?

3 RIVERSIDE CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 50% 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 3 RIVERSIDE CLOSE lies on this distribution: 54% of terraced houses houses are smaller than 3 RIVERSIDE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Dereham.

3 RIVERSIDE CLOSE: Plot and Title Map

3 RIVERSIDE CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 RIVERSIDE 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 3 RIVERSIDE 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 3 RIVERSIDE CLOSE?

3 RIVERSIDE CLOSE is located in SCARNING, in the NR19 postcode district. The below map shows the position of No. 3 on RIVERSIDE CLOSE.