1, CHARLES CLOSE, DEREHAM, NR19 1TN - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHARLES CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £240,033. It was last sold for £170,000 in March 2016, which was around 35% below the average March 2016 detached price in the Breckland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

1 CHARLES CLOSE Sold Prices

Land registry data shows five sales for 1 CHARLES CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 1 CHARLES 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
2016 31 MAR	£170,000	£260,561	35% below HPI
2007 15 JAN	£69,500	£217,709	68% below HPI
2006 15 NOV	£163,000	£217,447	25% below HPI
2003 27 JAN	£139,950	£159,430	12% below HPI
2000 20 NOV	£87,000	£107,570	19% below HPI

1 CHARLES CLOSE 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 five 1 CHARLES CLOSE sales between November 2000 and March 2016 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 January 2007 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the March 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 1 CHARLES CLOSE be worth now?

1 CHARLES CLOSE might now be worth an estimated £240,033.

This is based on house price inflation of 41.2%, between March 2016 and December 2024, 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 41.2% inflationary increase is applied to the most recent sale price for 1 CHARLES CLOSE of £170,000 on 31st March 2016. For the value to have increased from £170,000 to £240,033 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 1 CHARLES CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHARLES CLOSE has not materially changed since March 2016.

How Large is 1 CHARLES CLOSE?

1 CHARLES CLOSE is 77m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dereham, and where 1 CHARLES CLOSE lies on this distribution: 13% of detached houses houses are smaller than 1 CHARLES CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Dereham.

1 CHARLES CLOSE: Plot and Title Map

1 CHARLES CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 1 CHARLES CLOSE, 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 1 CHARLES CLOSE). 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 1 CHARLES CLOSE?

1 CHARLES CLOSE is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 1 on CHARLES CLOSE.