8, TEASEL CLOSE, DEREHAM, NR20 3SU - £275,500

8 TEASEL CLOSE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £275,500 in May 2021, which was around 14% below the average May 2021 detached price in the Breckland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

8 TEASEL CLOSE Sold Prices

Land registry data shows two sales for 8 TEASEL CLOSE 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. One of the two 8 TEASEL CLOSE sales was for below the average price, whilst the other was roughly equal to 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 14 MAY	£275,500	£319,769	14% below HPI
2000 31 OCT	£104,950	£104,914	Close to HPI

8 TEASEL CLOSE 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 8 TEASEL CLOSE sales from October 2000 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 October 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 TEASEL CLOSE?

8 TEASEL CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in January 2021. 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 8 TEASEL CLOSE lies on this distribution: 35% of detached houses are smaller than 8 TEASEL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Dereham.

8 TEASEL CLOSE: Plot and Title Map

8 TEASEL CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 8 TEASEL 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 8 TEASEL 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 8 TEASEL CLOSE?

8 TEASEL CLOSE is located in DEREHAM, in the NR20 postcode district. The below map shows the position of No. 8 on TEASEL CLOSE.