PENMAR PHIL, CHAPEL LANE, DEREHAM, NR19 1LD - £380,000

PENMAR PHIL is a very large extended detached house of 202m², built sometime between 1967 and 1975. It was last sold for £380,000 in January 2019, which was around 27% above the average January 2019 detached price in the Breckland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

PENMAR PHIL Sold Prices

Land registry data shows two sales for PENMAR PHIL 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. Both of the two PENMAR PHIL 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
2019 18 JAN	£380,000	£299,280	27% above HPI
2011 25 NOV	£289,000	£208,614	39% above HPI

PENMAR PHIL 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 PENMAR PHIL sales from November 2011 and January 2019 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 2011 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2019 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is PENMAR PHIL?

PENMAR PHIL is 202m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 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 PENMAR PHIL lies on this distribution: 96% of detached houses are smaller than PENMAR PHIL, and 4% of houses are larger. Note that EPC data is not available for all properties in Dereham.

PENMAR PHIL: Plot and Title Map

PENMAR PHIL sits on a plot of roughly 0.301 of an acre, or 1,218m². The below map shows the location of PENMAR PHIL, 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 PENMAR PHIL). 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 PENMAR PHIL?

PENMAR PHIL is located on CHAPEL LANE in DEREHAM, in the NR19 postcode district. The below map shows the position of PENMAR PHIL on CHAPEL LANE.