THE GABLES, CHAPEL LANE, HOCKERING, DEREHAM, NR20 3HR - £350,000

THE GABLES is a midsized extended detached house of 114m², built sometime before 1900. It was last sold for £350,000 in September 2020, which was around 11% above the average September 2020 detached price in the Breckland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

THE GABLES Sold Prices

Land registry data shows three sales for THE GABLES 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 GABLES 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
2020 18 SEP	£350,000	£314,912	11% above HPI
2014 7 NOV	£250,000	£238,735	5% above HPI
2000 30 AUG	£128,000	£103,006	24% above HPI

THE GABLES 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 THE GABLES sales between August 2000 and September 2020 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 November 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THE GABLES?

THE GABLES is 114m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Hockering, based on EPC data. The below chart shows the distribution of detached houses by size in Hockering, and where THE GABLES lies on this distribution: 52% of detached houses are smaller than THE GABLES, and 45% of houses are larger. Note that EPC data is not available for all properties in Hockering.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of THE GABLES, 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 THE GABLES). 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 THE GABLES?

THE GABLES is located on CHAPEL LANE in HOCKERING, in the NR20 postcode district. The below map shows the position of THE GABLES on CHAPEL LANE.