7, HALLS DRIVE, GRESSENHALL, DEREHAM, NR20 4EJ - £157,500

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.

7 HALLS DRIVE is a very small extended terraced house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £181,446. It was last sold for £157,500 in February 2021, which was around 6% below the average February 2021 terraced price in the Breckland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

7 HALLS DRIVE Sold Prices

Land registry data shows three sales for 7 HALLS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Breckland local authority area for the corresponding sale date. One of the three 7 HALLS DRIVE sales was for below the average price, whilst two 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 5 FEB	£157,500	£168,081	6% below HPI
2001 28 NOV	£77,000	£56,959	35% above HPI
1997 15 APR	£38,000	£33,443	14% above HPI

7 HALLS 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 three 7 HALLS DRIVE sales between April 1997 and February 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 November 2001 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 7 HALLS DRIVE be worth now?

7 HALLS DRIVE might now be worth an estimated £181,446.

This is based on house price inflation of 15.2%, between February 2021 and June 2025, 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 15.2% inflationary increase is applied to the most recent sale price for 7 HALLS DRIVE of £157,500 on 5th February 2021. For the value to have increased from £157,500 to £181,446 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 7 HALLS DRIVE has moved in line with the HPI for terraced houses in the Breckland local authority area.
• The February 2021 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 7 HALLS DRIVE has not materially changed since February 2021.

How Large is 7 HALLS DRIVE?

7 HALLS DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of terraced houses houses in Gressenhall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gressenhall, and where 7 HALLS DRIVE lies on this distribution: 11% of terraced houses houses are smaller than 7 HALLS DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

7 HALLS DRIVE: Plot and Title Map

7 HALLS DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 7 HALLS 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 7 HALLS 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 7 HALLS DRIVE?

7 HALLS DRIVE is located in GRESSENHALL, in the NR20 postcode district. The below map shows the position of No. 7 on HALLS DRIVE.