1, REEVES CLOSE, BAWDESWELL, DEREHAM, NR20 4UW - £270,000

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.

1 REEVES CLOSE is a midsized detached house of 112m², built sometime from 2007 onwards, which could now be worth an estimated £304,578. It was last sold for £270,000 in March 2021, which was around 18% below the average March 2021 detached price in the Breckland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

1 REEVES CLOSE Sold Prices

Land registry data shows three sales for 1 REEVES CLOSE 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 1 REEVES 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
2021 25 MAR	£270,000	£328,376	18% below HPI
2010 10 DEC	£197,850	£206,266	4% below HPI
2007 22 JUN	£210,000	£230,567	9% below HPI

1 REEVES 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 three 1 REEVES CLOSE sales between June 2007 and March 2021 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 December 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 REEVES CLOSE be worth now?

1 REEVES CLOSE might now be worth an estimated £304,578.

This is based on house price inflation of 12.8%, between March 2021 and February 2025, 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 12.8% inflationary increase is applied to the most recent sale price for 1 REEVES CLOSE of £270,000 on 25th March 2021. For the value to have increased from £270,000 to £304,578 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 1 REEVES CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REEVES CLOSE has not materially changed since March 2021.

How Large is 1 REEVES CLOSE?

1 REEVES CLOSE is 112m² according to the EPC inspection conducted in August 2010. This puts it in the largest 50% of detached houses houses in Bawdeswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bawdeswell, and where 1 REEVES CLOSE lies on this distribution: 54% of detached houses houses are smaller than 1 REEVES CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bawdeswell.

1 REEVES CLOSE: Plot and Title Map

1 REEVES CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 1 REEVES 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 REEVES 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 REEVES CLOSE?

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