STABLE BARN, EASTGATE STREET, NORTH ELMHAM, DEREHAM, NR20 5HF - £680,000

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.

STABLE BARN is a very large detached house of 189m², built sometime between 2003 and 2006, which could now be worth an estimated £679,267. It was last sold for £680,000 in September 2022, which was around 82% above the average September 2022 detached price in the Breckland local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was D.

STABLE BARN Sold Prices

Land registry data shows three sales for STABLE BARN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Two of the three STABLE BARN sales were for above the average price, whilst one was 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 20 SEP	£680,000	£373,140	82% above HPI
2020 17 AUG	£425,000	£314,616	35% above HPI
2016 23 MAY	£158,000	£267,621	41% below HPI

STABLE BARN 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 three STABLE BARN sales between May 2016 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 August 2020 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2022 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might STABLE BARN be worth now?

STABLE BARN might now be worth an estimated £679,267.

This is based on house price deflation of 0.1%, between September 2022 and March 2025, for 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 0.1% deflationary decrease is applied to the most recent sale price for STABLE BARN of £680,000 on 20th September 2022. For the value to have decreased from £680,000 to £679,267 over the three years and six months to March 2025, the following assumptions must hold true:

• The value of STABLE BARN has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2022 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of STABLE BARN has not materially changed since September 2022.

How Large is STABLE BARN?

STABLE BARN is 189m² according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses houses in North Elmham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Elmham, and where STABLE BARN lies on this distribution: 88% of detached houses houses are smaller than STABLE BARN, and 12% of houses are larger. Note that EPC data is not available for all properties in North Elmham.

STABLE BARN: Plot and Title Map

STABLE BARN sits on a plot of roughly 0.366 of an acre, or 1,480m². The below map shows the location of STABLE BARN, 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 STABLE BARN). 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 STABLE BARN?

STABLE BARN is located on EASTGATE STREET in NORTH ELMHAM, in the NR20 postcode district. The below map shows the position of STABLE BARN on EASTGATE STREET.