3, SPRING MEADOW, NORTH ELMHAM, DEREHAM, NR20 5HT - £600,000

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.

3 SPRING MEADOW is a very large detached house of 230m², which could now be worth an estimated £744,767. It was last sold for £600,000 in March 2019, which was around 99% above the average March 2019 detached price in the Breckland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was B.

3 SPRING MEADOW Sold Prices

Land registry data shows two sales for 3 SPRING MEADOW 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 3 SPRING MEADOW sales was for above the average price, whilst the other was 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
2019 15 MAR	£600,000	£301,072	99% above HPI
2017 28 JUL	£132,857	£288,489	54% below HPI

3 SPRING MEADOW 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 3 SPRING MEADOW sales from July 2017 and March 2019 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 July 2017 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the March 2019 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 3 SPRING MEADOW be worth now?

3 SPRING MEADOW might now be worth an estimated £744,767.

This is based on house price inflation of 24.1%, between March 2019 and June 2025, 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 3 SPRING MEADOW of £600,000 on 15th March 2019. For the value to have increased from £600,000 to £744,767 over the five years and nine months to June 2025, the following assumptions must hold true:

• The value of 3 SPRING MEADOW has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2019 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRING MEADOW has not materially changed since March 2019.

How Large is 3 SPRING MEADOW?

3 SPRING MEADOW is 230m² according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses houses in North Elmham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Elmham, and where 3 SPRING MEADOW lies on this distribution: 95% of detached houses houses are smaller than 3 SPRING MEADOW, and 5% of houses are larger. Note that EPC data is not available for all properties in North Elmham.

3 SPRING MEADOW: Plot and Title Map

3 SPRING MEADOW sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 3 SPRING MEADOW, 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 SPRING MEADOW). 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 SPRING MEADOW?

3 SPRING MEADOW is located in NORTH ELMHAM, in the NR20 postcode district. The below map shows the position of No. 3 on SPRING MEADOW.