7, RIVERSIDE CLOSE, SCARNING, DEREHAM, NR19 2FF - £250,000

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 RIVERSIDE CLOSE is a large semi-detached house of 132m², built sometime between 2003 and 2006, which could now be worth an estimated £287,924. It was last sold for £250,000 in May 2021, which was around 20% above the average May 2021 semi-detached price in the Breckland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

7 RIVERSIDE CLOSE Sold Prices

Land registry data shows three sales for 7 RIVERSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. All of the three 7 RIVERSIDE CLOSE sales 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 12 MAY	£250,000	£208,417	20% above HPI
2017 19 JAN	£225,000	£181,627	24% above HPI
2007 14 DEC	£215,000	£153,245	40% above HPI

7 RIVERSIDE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The three 7 RIVERSIDE CLOSE sales between December 2007 and May 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 January 2017 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 7 RIVERSIDE CLOSE be worth now?

7 RIVERSIDE CLOSE might now be worth an estimated £287,924.

This is based on house price inflation of 15.2%, between May 2021 and February 2025, for semi-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 15.2% inflationary increase is applied to the most recent sale price for 7 RIVERSIDE CLOSE of £250,000 on 12th May 2021. For the value to have increased from £250,000 to £287,924 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 7 RIVERSIDE CLOSE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The May 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RIVERSIDE CLOSE has not materially changed since May 2021.

How Large is 7 RIVERSIDE CLOSE?

7 RIVERSIDE CLOSE is 132m² according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of semi-detached houses houses in Dereham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dereham, and where 7 RIVERSIDE CLOSE lies on this distribution: 71% of semi-detached houses houses are smaller than 7 RIVERSIDE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Dereham.

7 RIVERSIDE CLOSE: Plot and Title Map

7 RIVERSIDE CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 7 RIVERSIDE 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 RIVERSIDE 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 RIVERSIDE CLOSE?

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