48, RUSSET WAY, DEREHAM, NR19 1GX - £275,000

48 RUSSET WAY is a midsized detached house of 107m², built sometime between 2003 and 2006. It was last sold for £275,000 in April 2023, which was around 25% below the average April 2023 detached price in the Breckland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

48 RUSSET WAY Sold Prices

Land registry data shows three sales for 48 RUSSET WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 48 RUSSET WAY 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
2023 21 APR	£275,000	£366,688	25% below HPI
2008 4 JAN	£166,000	£233,155	29% below HPI
2003 2 MAY	£115,000	£162,190	29% below HPI

48 RUSSET WAY 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 three 48 RUSSET WAY sales between May 2003 and April 2023 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 January 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 48 RUSSET WAY?

48 RUSSET WAY is 107m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 48 RUSSET WAY lies on this distribution: 45% of detached houses are smaller than 48 RUSSET WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Dereham.

48 RUSSET WAY: Plot and Title Map

48 RUSSET WAY sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 48 RUSSET WAY, 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 48 RUSSET WAY). 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 48 RUSSET WAY?

48 RUSSET WAY is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 48 on RUSSET WAY.