4, ARMSTRONG DRIVE, DEREHAM, NR19 2EZ - £230,000

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.

4 ARMSTRONG DRIVE is a very small extended detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £287,169. It was last sold for £230,000 in October 2019, which was around 24% below the average October 2019 detached price in the Breckland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

4 ARMSTRONG DRIVE Sold Prices

Land registry data shows two sales for 4 ARMSTRONG DRIVE 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 4 ARMSTRONG DRIVE 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
2019 22 OCT	£230,000	£302,105	24% below HPI
2014 30 APR	£135,000	£225,927	40% below HPI

4 ARMSTRONG DRIVE 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 4 ARMSTRONG DRIVE sales from April 2014 and October 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 April 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2019 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 ARMSTRONG DRIVE be worth now?

4 ARMSTRONG DRIVE might now be worth an estimated £287,169.

This is based on house price inflation of 24.9%, between October 2019 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 24.9% inflationary increase is applied to the most recent sale price for 4 ARMSTRONG DRIVE of £230,000 on 22nd October 2019. For the value to have increased from £230,000 to £287,169 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 4 ARMSTRONG DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ARMSTRONG DRIVE has not materially changed since October 2019.

How Large is 4 ARMSTRONG DRIVE?

4 ARMSTRONG DRIVE is 64m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% 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 4 ARMSTRONG DRIVE lies on this distribution: 3% of detached houses houses are smaller than 4 ARMSTRONG DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Dereham.

4 ARMSTRONG DRIVE: Plot and Title Map

4 ARMSTRONG DRIVE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 4 ARMSTRONG DRIVE, 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 4 ARMSTRONG DRIVE). 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 4 ARMSTRONG DRIVE?

4 ARMSTRONG DRIVE is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 4 on ARMSTRONG DRIVE.