1, WRIGHT AVENUE, DEREHAM, NR19 1NH - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 WRIGHT AVENUE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £165,000 in August 2015, which was around 33% below the average August 2015 detached price in the Breckland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

1 WRIGHT AVENUE Sold Prices

Land registry data shows two sales for 1 WRIGHT AVENUE 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 WRIGHT AVENUE 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
2015 14 AUG	£165,000	£247,696	33% below HPI
2008 12 AUG	£163,000	£207,609	21% below HPI

1 WRIGHT AVENUE 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 WRIGHT AVENUE sales from August 2008 and August 2015 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 August 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 WRIGHT AVENUE?

1 WRIGHT AVENUE is 70m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 1 WRIGHT AVENUE lies on this distribution: 7% of detached houses are smaller than 1 WRIGHT AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Dereham.

1 WRIGHT AVENUE: Plot and Title Map

1 WRIGHT AVENUE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 1 WRIGHT AVENUE, 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 WRIGHT AVENUE). 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 WRIGHT AVENUE?

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