12, CEDAR RISE, MATTISHALL, DEREHAM, NR20 3NN - £270,000

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

12 CEDAR RISE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £270,000 in June 2023, which was around 26% below the average June 2023 detached price in the Breckland local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

12 CEDAR RISE Sold Prices

Land registry data shows three sales for 12 CEDAR RISE 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 12 CEDAR RISE 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
2023 8 JUN	£270,000	£363,317	26% below HPI
2010 2 AUG	£167,000	£212,837	22% below HPI
1997 17 DEC	£52,000	£74,847	31% below HPI

12 CEDAR RISE 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 12 CEDAR RISE sales between December 1997 and June 2023 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 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 CEDAR RISE?

12 CEDAR RISE is 74m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of detached houses in Mattishall, based on EPC data. The below chart shows the distribution of detached houses by size in Mattishall, and where 12 CEDAR RISE lies on this distribution: 18% of detached houses are smaller than 12 CEDAR RISE, and 80% of houses are larger. Note that EPC data is not available for all properties in Mattishall.

12 CEDAR RISE: Plot and Title Map

12 CEDAR RISE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 12 CEDAR RISE, 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 12 CEDAR RISE). 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 12 CEDAR RISE?

12 CEDAR RISE is located in MATTISHALL, in the NR20 postcode district. The below map shows the position of No. 12 on CEDAR RISE.