32, COMMERCIAL ROAD, DEREHAM, NR19 1AE - £155,000

32 COMMERCIAL ROAD is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £155,000 in May 2016, which was around 42% below the average May 2016 detached price in the Breckland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

32 COMMERCIAL ROAD Sold Prices

Land registry data shows four sales for 32 COMMERCIAL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 32 COMMERCIAL ROAD 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
2016 31 MAY	£155,000	£265,554	42% below HPI
2014 27 MAR	£116,500	£220,147	47% below HPI
2007 23 NOV	£139,950	£237,286	41% below HPI
2002 11 APR	£78,000	£132,305	41% below HPI

32 COMMERCIAL ROAD 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 four 32 COMMERCIAL ROAD sales between April 2002 and May 2016 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 March 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 32 COMMERCIAL ROAD?

32 COMMERCIAL ROAD is 70m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 32 COMMERCIAL ROAD lies on this distribution: 7% of detached houses are smaller than 32 COMMERCIAL ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Dereham.

32 COMMERCIAL ROAD: Plot and Title Map

32 COMMERCIAL ROAD sits on a plot of roughly 0.039 of an acre, or 160m². The below map shows the location of 32 COMMERCIAL ROAD, 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 32 COMMERCIAL ROAD). 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 32 COMMERCIAL ROAD?

32 COMMERCIAL ROAD is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 32 on COMMERCIAL ROAD.