2, GRESLEY CLOSE, GRESSENHALL, DEREHAM, NR20 4EL - £187,000

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 GRESLEY CLOSE is a detached house, which could now be worth an estimated £299,360. It was last sold for £187,000 in January 2008, which was around 20% below the average January 2008 detached price in the Breckland local authority area.

2 GRESLEY CLOSE Sold Prices

Land registry data shows two sales for 2 GRESLEY CLOSE 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 2 GRESLEY CLOSE 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
2008 18 JAN	£187,000	£234,970	20% below HPI
2003 18 JUL	£153,000	£166,711	8% below HPI

What might 2 GRESLEY CLOSE be worth now?

2 GRESLEY CLOSE might now be worth an estimated £299,360.

This is based on house price inflation of 60.1%, between January 2008 and April 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 60.1% inflationary increase is applied to the most recent sale price for 2 GRESLEY CLOSE of £187,000 on 18th January 2008. For the value to have increased from £187,000 to £299,360 over the seventeen years and nine months to April 2026, the following assumptions must hold true:

• The value of 2 GRESLEY CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2008 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRESLEY CLOSE has not materially changed since January 2008.

Where is 2 GRESLEY CLOSE?

2 GRESLEY CLOSE is located in GRESSENHALL, in the NR20 postcode district.