5, LUXEMBOURG WAY, DEREHAM, NR19 1XS - £120,000

5 LUXEMBOURG WAY is a small detached house of 100m², built sometime between 2003 and 2006. It was last sold for £120,000 in May 2013, which was around 41% below the average May 2013 detached price in the Breckland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

5 LUXEMBOURG WAY Sold Prices

Land registry data shows three sales for 5 LUXEMBOURG 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. Two of the three 5 LUXEMBOURG WAY sales were for below the average price, whilst one was 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
2013 3 MAY	£120,000	£204,283	41% below HPI
2006 15 SEP	£185,000	£214,822	14% below HPI
2003 26 NOV	£176,950	£172,970	2% above HPI

5 LUXEMBOURG 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 5 LUXEMBOURG WAY sales between November 2003 and May 2013 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 September 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2013 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 5 LUXEMBOURG WAY?

5 LUXEMBOURG WAY is 100m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 5 LUXEMBOURG WAY lies on this distribution: 38% of detached houses are smaller than 5 LUXEMBOURG WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Dereham.

5 LUXEMBOURG WAY: Plot and Title Map

5 LUXEMBOURG WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 5 LUXEMBOURG 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 5 LUXEMBOURG 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 5 LUXEMBOURG WAY?

5 LUXEMBOURG WAY is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 5 on LUXEMBOURG WAY.