116, SANDY LANE, DEREHAM, NR19 2EF - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

116 SANDY LANE is a very small detached house of 81m², built sometime between 2007 and 2011. It was last sold for £250,000 in May 2022, which was around 30% below the average May 2022 detached price in the Breckland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was B, and the potential energy rating was B.

116 SANDY LANE Sold Prices

Land registry data shows two sales for 116 SANDY LANE 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. One of the two 116 SANDY LANE sales was for below the average price, whilst the other was 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
2022 9 MAY	£250,000	£359,508	30% below HPI
1997 8 JAN	£76,000	£68,792	10% above HPI

116 SANDY LANE 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 116 SANDY LANE sales from January 1997 and May 2022 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 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 116 SANDY LANE?

116 SANDY LANE is 81m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 116 SANDY LANE lies on this distribution: 19% of detached houses are smaller than 116 SANDY LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Dereham.

116 SANDY LANE: Plot and Title Map

116 SANDY LANE sits on a plot of roughly 0.313 of an acre, or 1,266m². The below map shows the location of 116 SANDY LANE, 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 116 SANDY LANE). 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 116 SANDY LANE?

116 SANDY LANE is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 116 on SANDY LANE.