2, GALLOWAY CLOSE, DEREHAM, NR20 3ER - £170,000

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.

2 GALLOWAY CLOSE is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £225,735. It was last sold for £170,000 in December 2016, which was around 40% below the average December 2016 detached price in the Breckland local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

2 GALLOWAY CLOSE Sold Prices

Land registry data shows one sale for 2 GALLOWAY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Breckland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 2 DEC	£170,000	£284,064	40% below HPI

What might 2 GALLOWAY CLOSE be worth now?

2 GALLOWAY CLOSE might now be worth an estimated £225,735.

This is based on house price inflation of 32.8%, between December 2016 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 32.8% inflationary increase is applied to the most recent sale price for 2 GALLOWAY CLOSE of £170,000 on 2nd December 2016. For the value to have increased from £170,000 to £225,735 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 GALLOWAY CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GALLOWAY CLOSE has not materially changed since December 2016.

How Large is 2 GALLOWAY CLOSE?

2 GALLOWAY CLOSE is 76m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 2 GALLOWAY CLOSE lies on this distribution: 12% of detached houses are smaller than 2 GALLOWAY CLOSE, and 87% of detached houses are larger. Note that EPC data is not available for all properties in Dereham.

2 GALLOWAY CLOSE: Plot

2 GALLOWAY CLOSE sits on a plot of roughly 0.199 of an acre, or 807m².

Where is 2 GALLOWAY CLOSE?

2 GALLOWAY CLOSE is located in DEREHAM, in the NR20 postcode district.