7, NORMAN CLOSE, SCARNING, DEREHAM, NR19 2TD - £190,000

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.

7 NORMAN CLOSE is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £193,255. It was last sold for £190,000 in September 2022, which was around 2% below the average September 2022 terraced price in the Breckland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

7 NORMAN CLOSE Sold Prices

Land registry data shows three sales for 7 NORMAN CLOSE 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. All of the three 7 NORMAN CLOSE 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
2022 27 SEP	£190,000	£193,698	2% below HPI
2020 10 MAR	£153,000	£156,671	2% below HPI
2010 15 JUL	£112,000	£114,249	2% below HPI

7 NORMAN CLOSE 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 NORMAN CLOSE sales between July 2010 and September 2022 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 March 2020 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2022 sale, which was also at 2% below the HPI.

What might 7 NORMAN CLOSE be worth now?

7 NORMAN CLOSE might now be worth an estimated £193,255.

This is based on house price inflation of 1.7%, between September 2022 and April 2026, 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 1.7% inflationary increase is applied to the most recent sale price for 7 NORMAN CLOSE of £190,000 on 27th September 2022. For the value to have increased from £190,000 to £193,255 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 7 NORMAN CLOSE has moved in line with the HPI for terraced houses in the Breckland local authority area.
• The September 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NORMAN CLOSE has not materially changed since September 2022.

How Large is 7 NORMAN CLOSE?

7 NORMAN CLOSE is 57m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of terraced houses houses in Dereham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dereham, and where 7 NORMAN CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 7 NORMAN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Dereham.

7 NORMAN CLOSE: Plot and Title Map

7 NORMAN CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 7 NORMAN CLOSE, 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 NORMAN CLOSE). 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 NORMAN CLOSE?

7 NORMAN CLOSE is located in SCARNING, in the NR19 postcode district. The below map shows the position of No. 7 on NORMAN CLOSE.