2, CHESTNUT ROAD, SCARNING, DEREHAM, NR19 2TA - £237,500

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.

2 CHESTNUT ROAD is a detached house, which could now be worth an estimated £277,989. It was last sold for £237,500 in May 2021, which was around 26% below the average May 2021 detached price in the Breckland local authority area.

2 CHESTNUT ROAD Sold Prices

Land registry data shows four sales for 2 CHESTNUT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 2 CHESTNUT ROAD 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 13 MAY	£237,500	£322,258	26% below HPI
2003 18 SEP	£125,000	£169,981	26% below HPI
2000 19 MAY	£76,000	£96,784	21% below HPI
1998 19 MAR	£51,200	£75,178	32% below HPI

What might 2 CHESTNUT ROAD be worth now?

2 CHESTNUT ROAD might now be worth an estimated £277,989.

This is based on house price inflation of 17%, between May 2021 and May 2026, 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 17% inflationary increase is applied to the most recent sale price for 2 CHESTNUT ROAD of £237,500 on 13th May 2021. For the value to have increased from £237,500 to £277,989 over the five years to May 2026, the following assumptions must hold true:

• The value of 2 CHESTNUT ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The May 2021 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT ROAD has not materially changed since May 2021.

Where is 2 CHESTNUT ROAD?

2 CHESTNUT ROAD is located in SCARNING, in the NR19 postcode district.