ERDEAN, SWANTON CLOSE, DEREHAM, NR19 2HL - £230,000

ERDEAN is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £230,000 in January 2021, which was around 28% below the average January 2021 detached price in the Breckland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

ERDEAN Sold Prices

Land registry data shows five sales for ERDEAN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five ERDEAN 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
2021 25 JAN	£230,000	£318,901	28% below HPI
2018 9 MAY	£230,000	£298,637	23% below HPI
2004 12 JUL	£150,000	£192,190	22% below HPI
1997 10 OCT	£52,500	£73,486	29% below HPI
1996 26 JUL	£51,950	£64,075	19% below HPI

ERDEAN 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 five ERDEAN sales between July 1996 and January 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 May 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is ERDEAN?

ERDEAN is 58m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where ERDEAN lies on this distribution: 1% of detached houses are smaller than ERDEAN, and 98% of houses are larger. Note that EPC data is not available for all properties in Dereham.

ERDEAN: Plot and Title Map

ERDEAN sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of ERDEAN, 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 ERDEAN). 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 ERDEAN?

ERDEAN is located on SWANTON CLOSE in DEREHAM, in the NR19 postcode district. The below map shows the position of ERDEAN on SWANTON CLOSE.