3, THE BEECHES, MATTISHALL, DEREHAM, NR20 3SR - £540,000

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 THE BEECHES is a very large extended detached house of 188m², built sometime between 1996 and 2002, which could now be worth an estimated £553,031. It was last sold for £540,000 in May 2023, which was around 47% above the average May 2023 detached price in the Breckland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

3 THE BEECHES Sold Prices

Land registry data shows two sales for 3 THE BEECHES 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 3 THE BEECHES 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
2023 3 MAY	£540,000	£368,308	47% above HPI
2000 7 JAN	£204,247	£95,374	114% above HPI

3 THE BEECHES 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 THE BEECHES sales from January 2000 and May 2023 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 January 2000 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the May 2023 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 3 THE BEECHES be worth now?

3 THE BEECHES might now be worth an estimated £553,031.

This is based on house price inflation of 2.4%, between May 2023 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 2.4% inflationary increase is applied to the most recent sale price for 3 THE BEECHES of £540,000 on 3rd May 2023. For the value to have increased from £540,000 to £553,031 over the three years to May 2026, the following assumptions must hold true:

• The value of 3 THE BEECHES has moved in line with the HPI for detached houses in the Breckland local authority area.
• The May 2023 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE BEECHES has not materially changed since May 2023.

How Large is 3 THE BEECHES?

3 THE BEECHES is 188m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses houses in Mattishall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mattishall, and where 3 THE BEECHES lies on this distribution: 92% of detached houses houses are smaller than 3 THE BEECHES, and 8% of houses are larger. Note that EPC data is not available for all properties in Mattishall.

3 THE BEECHES: Plot and Title Map

3 THE BEECHES sits on a plot of roughly 0.282 of an acre, or 1,143m². The below map shows the location of 3 THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

3 THE BEECHES is located in MATTISHALL, in the NR20 postcode district. The below map shows the position of No. 3 on THE BEECHES.