THE LAURELS, DEREHAM ROAD, SCARNING, DEREHAM, NR19 2PT - £475,000

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.

THE LAURELS is a detached house, which could now be worth an estimated £454,846. It was last sold for £475,000 in January 2023, which was around 24% above the average January 2023 detached price in the Breckland local authority area.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS 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. All of the three THE LAURELS 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
2023 6 JAN	£475,000	£383,592	24% above HPI
2018 16 MAR	£360,000	£301,628	19% above HPI
2007 29 JUN	£295,000	£230,567	28% above HPI

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £454,846.

This is based on house price deflation of 4.2%, between January 2023 and March 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 4.2% deflationary decrease is applied to the most recent sale price for THE LAURELS of £475,000 on 6th January 2023. For the value to have decreased from £475,000 to £454,846 over the two years and ten months to March 2026, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since January 2023.

Where is THE LAURELS?

THE LAURELS is located on DEREHAM ROAD in SCARNING, in the NR19 postcode district.