4, CHESTNUT CLOSE, DEREHAM, NR19 1LX - £209,000

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 CHESTNUT CLOSE is a large extended detached house of 125m², built sometime between 1967 and 1975, which could now be worth an estimated £259,724. It was last sold for £209,000 in January 2020, which was around 29% below the average January 2020 detached price in the Breckland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

4 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 4 CHESTNUT CLOSE 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 4 CHESTNUT CLOSE 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
2020 30 JAN	£209,000	£295,681	29% below HPI
2005 24 JUN	£148,000	£199,897	26% below HPI
2001 2 MAY	£78,500	£110,776	29% below HPI
1997 2 MAY	£45,000	£68,085	34% below HPI

4 CHESTNUT CLOSE 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 4 CHESTNUT CLOSE sales between May 1997 and January 2020 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 June 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 4 CHESTNUT CLOSE be worth now?

4 CHESTNUT CLOSE might now be worth an estimated £259,724.

This is based on house price inflation of 24.3%, between January 2020 and July 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 24.3% inflationary increase is applied to the most recent sale price for 4 CHESTNUT CLOSE of £209,000 on 30th January 2020. For the value to have increased from £209,000 to £259,724 over the five years and six months to July 2026, the following assumptions must hold true:

• The value of 4 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2020 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTNUT CLOSE has not materially changed since January 2020.

How Large is 4 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% 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 CHESTNUT CLOSE lies on this distribution: 63% of detached houses houses are smaller than 4 CHESTNUT CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Dereham.

4 CHESTNUT CLOSE: Plot and Title Map

4 CHESTNUT CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 4 CHESTNUT 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 4 CHESTNUT 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 4 CHESTNUT CLOSE?

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