12, FERN CLOSE, DEREHAM, NR20 3TZ - £178,000

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.

12 FERN CLOSE is a small semi-detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £315,964. It was last sold for £178,000 in February 2012, which was around 32% above the average February 2012 semi-detached price in the Breckland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

12 FERN CLOSE Sold Prices

Land registry data shows two sales for 12 FERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. Both of the two 12 FERN CLOSE sales were 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
2012 17 FEB	£178,000	£135,224	32% above HPI
2007 26 JAN	£204,950	£143,105	43% above HPI

12 FERN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The two 12 FERN CLOSE sales from January 2007 and February 2012 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 2007 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2012 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 12 FERN CLOSE be worth now?

12 FERN CLOSE might now be worth an estimated £315,964.

This is based on house price inflation of 77.5%, between February 2012 and February 2025, for semi-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 77.5% inflationary increase is applied to the most recent sale price for 12 FERN CLOSE of £178,000 on 17th February 2012. For the value to have increased from £178,000 to £315,964 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 12 FERN CLOSE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The February 2012 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FERN CLOSE has not materially changed since February 2012.

How Large is 12 FERN CLOSE?

12 FERN CLOSE is 100m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of semi-detached houses houses in Dereham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dereham, and where 12 FERN CLOSE lies on this distribution: 38% of semi-detached houses houses are smaller than 12 FERN CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Dereham.

12 FERN CLOSE: Plot and Title Map

12 FERN CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 12 FERN 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 12 FERN 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 12 FERN CLOSE?

12 FERN CLOSE is located in DEREHAM, in the NR20 postcode district. The below map shows the position of No. 12 on FERN CLOSE.