41, OAK ROAD, DEREHAM, NR20 3GQ - £363,500

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.

41 OAK ROAD is a large detached house of 126m², which could now be worth an estimated £408,488. It was last sold for £363,500 in September 2021, which was around 11% above the average September 2021 detached price in the Breckland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

41 OAK ROAD Sold Prices

Land registry data shows two sales for 41 OAK ROAD 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 41 OAK ROAD 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
2021 28 SEP	£363,500	£326,862	11% above HPI
2015 14 AUG	£259,995	£249,624	4% above HPI

41 OAK 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 two 41 OAK ROAD sales from August 2015 and September 2021 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 August 2015 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 41 OAK ROAD be worth now?

41 OAK ROAD might now be worth an estimated £408,488.

This is based on house price inflation of 12.4%, between September 2021 and March 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 12.4% inflationary increase is applied to the most recent sale price for 41 OAK ROAD of £363,500 on 28th September 2021. For the value to have increased from £363,500 to £408,488 over the five years and six months to March 2026, the following assumptions must hold true:

• The value of 41 OAK ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2021 sale price of £363,500 represented a fair market value for the property.
• The size, condition, and specification of 41 OAK ROAD has not materially changed since September 2021.

How Large is 41 OAK ROAD?

41 OAK ROAD is 126m² according to the EPC inspection conducted in July 2015. 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 41 OAK ROAD lies on this distribution: 65% of detached houses houses are smaller than 41 OAK ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Dereham.

41 OAK ROAD: Plot and Title Map

41 OAK ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 41 OAK 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 41 OAK 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 41 OAK ROAD?

41 OAK ROAD is located in DEREHAM, in the NR20 postcode district. The below map shows the position of No. 41 on OAK ROAD.