5, RIVER VIEW, BEETLEY, DEREHAM, NR20 4JR - £220,000

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.

5 RIVER VIEW is a very small detached house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £280,613. It was last sold for £220,000 in June 2020, which was around 25% below the average June 2020 detached price in the Breckland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

5 RIVER VIEW Sold Prices

Land registry data shows two sales for 5 RIVER VIEW 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 5 RIVER VIEW 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 12 JUN	£220,000	£292,226	25% below HPI
1997 18 DEC	£58,500	£75,430	22% below HPI

5 RIVER VIEW 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 5 RIVER VIEW sales from December 1997 and June 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 December 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 RIVER VIEW be worth now?

5 RIVER VIEW might now be worth an estimated £280,613.

This is based on house price inflation of 27.6%, between June 2020 and March 2025, 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 27.6% inflationary increase is applied to the most recent sale price for 5 RIVER VIEW of £220,000 on 12th June 2020. For the value to have increased from £220,000 to £280,613 over the five years and three months to March 2025, the following assumptions must hold true:

• The value of 5 RIVER VIEW has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIVER VIEW has not materially changed since June 2020.

How Large is 5 RIVER VIEW?

5 RIVER VIEW is 58m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses houses in Beetley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beetley, and where 5 RIVER VIEW lies on this distribution: 5% of detached houses houses are smaller than 5 RIVER VIEW, and 95% of houses are larger. Note that EPC data is not available for all properties in Beetley.

5 RIVER VIEW: Plot and Title Map

5 RIVER VIEW sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 5 RIVER VIEW, 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 RIVER VIEW). 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 RIVER VIEW?

5 RIVER VIEW is located in BEETLEY, in the NR20 postcode district. The below map shows the position of No. 5 on RIVER VIEW.