4, WRIGHT DRIVE, SCARNING, DEREHAM, NR19 2TS - £210,000

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 WRIGHT DRIVE is a very small terraced house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £216,274. It was last sold for £210,000 in July 2022, which was around 10% above the average July 2022 terraced price in the Breckland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

4 WRIGHT DRIVE Sold Prices

Land registry data shows five sales for 4 WRIGHT DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Breckland local authority area for the corresponding sale date. All of the five 4 WRIGHT DRIVE 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
2022 29 JUL	£210,000	£191,301	10% above HPI
2017 27 OCT	£174,000	£151,829	15% above HPI
2005 16 DEC	£119,999	£107,735	11% above HPI
2004 7 MAY	£118,000	£94,613	25% above HPI
1999 30 JUL	£44,500	£39,845	12% above HPI

4 WRIGHT DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Breckland local authority area over time, sourced from the HPI. The five 4 WRIGHT DRIVE sales between July 1999 and July 2022 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 October 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 4 WRIGHT DRIVE be worth now?

4 WRIGHT DRIVE might now be worth an estimated £216,274.

This is based on house price inflation of 3%, between July 2022 and April 2026, for terraced 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 3% inflationary increase is applied to the most recent sale price for 4 WRIGHT DRIVE of £210,000 on 29th July 2022. For the value to have increased from £210,000 to £216,274 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 4 WRIGHT DRIVE has moved in line with the HPI for terraced houses in the Breckland local authority area.
• The July 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WRIGHT DRIVE has not materially changed since July 2022.

How Large is 4 WRIGHT DRIVE?

4 WRIGHT DRIVE is 61m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of terraced houses houses in Dereham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dereham, and where 4 WRIGHT DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 4 WRIGHT DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Dereham.

4 WRIGHT DRIVE: Plot and Title Map

4 WRIGHT DRIVE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 4 WRIGHT 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 WRIGHT 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 WRIGHT DRIVE?

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