1, NURSERY CLOSE, GRESSENHALL, DEREHAM, NR20 4TH - £81,000

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 NURSERY CLOSE is a large detached house of 136m², built sometime between 1983 and 1990. It was last sold for £81,000 in December 1997, which was around 7% above the average December 1997 detached price in the Breckland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

1 NURSERY CLOSE Sold Prices

Land registry data shows two sales for 1 NURSERY 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 1 NURSERY CLOSE 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
1997 1 DEC	£81,000	£75,430	7% above HPI
1995 5 MAY	£69,000	£64,610	7% above HPI

1 NURSERY 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 two 1 NURSERY CLOSE sales from May 1995 and December 1997 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 May 1995 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 1997 sale, which was also at 7% above the HPI.

What might 1 NURSERY CLOSE be worth now?

1 NURSERY CLOSE might now be worth an estimated £395,069.

This is based on house price inflation of 387.7%, between December 1997 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 387.7% inflationary increase is applied to the most recent sale price for 1 NURSERY CLOSE of £81,000 on 1st December 1997. For the value to have increased from £81,000 to £395,069 over the 27 years to December 2024, the following assumptions must hold true:

• The value of 1 NURSERY CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 1997 sale price of £81,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NURSERY CLOSE has not materially changed since December 1997.

How Large is 1 NURSERY CLOSE?

1 NURSERY CLOSE is 136m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses houses in Gressenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gressenhall, and where 1 NURSERY CLOSE lies on this distribution: 65% of detached houses houses are smaller than 1 NURSERY CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

1 NURSERY CLOSE: Plot and Title Map

1 NURSERY CLOSE sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of 1 NURSERY 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 NURSERY 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 NURSERY CLOSE?

1 NURSERY CLOSE is located in GRESSENHALL, in the NR20 postcode district. The below map shows the position of No. 1 on NURSERY CLOSE.