114, NORWICH ROAD, DEREHAM, NR20 3AR - £155,000

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.

114 NORWICH ROAD is a very small extended detached house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £189,650. It was last sold for £155,000 in February 2019, which was around 49% below the average February 2019 detached price in the Breckland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

114 NORWICH ROAD Sold Prices

Land registry data shows four sales for 114 NORWICH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 114 NORWICH ROAD 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
2019 22 FEB	£155,000	£302,750	49% below HPI
2008 7 APR	£143,000	£225,209	37% below HPI
2007 7 SEP	£124,250	£238,858	48% below HPI
1997 22 DEC	£34,500	£75,430	54% below HPI

114 NORWICH ROAD 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 four 114 NORWICH ROAD sales between December 1997 and February 2019 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 April 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 114 NORWICH ROAD be worth now?

114 NORWICH ROAD might now be worth an estimated £189,650.

This is based on house price inflation of 22.4%, between February 2019 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 22.4% inflationary increase is applied to the most recent sale price for 114 NORWICH ROAD of £155,000 on 22nd February 2019. For the value to have increased from £155,000 to £189,650 over the six years to February 2025, the following assumptions must hold true:

• The value of 114 NORWICH ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2019 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 114 NORWICH ROAD has not materially changed since February 2019.

How Large is 114 NORWICH ROAD?

114 NORWICH ROAD is 72m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% 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 114 NORWICH ROAD lies on this distribution: 8% of detached houses houses are smaller than 114 NORWICH ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Dereham.

114 NORWICH ROAD: Plot and Title Map

114 NORWICH ROAD sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 114 NORWICH ROAD, 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 114 NORWICH ROAD). 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 114 NORWICH ROAD?

114 NORWICH ROAD is located in DEREHAM, in the NR20 postcode district. The below map shows the position of No. 114 on NORWICH ROAD.