12, TEASEL CLOSE, DEREHAM, NR20 3SU - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 TEASEL CLOSE is a small extended semi-detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £310,433. It was last sold for £300,000 in November 2023, which was around 29% above the average November 2023 semi-detached price in the Breckland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

12 TEASEL CLOSE Sold Prices

Land registry data shows four sales for 12 TEASEL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. All of the four 12 TEASEL 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
2023 10 NOV	£300,000	£231,966	29% above HPI
2022 21 JAN	£295,000	£228,843	29% above HPI
2003 9 OCT	£152,000	£106,424	43% above HPI
2000 28 APR	£93,000	£57,948	60% above HPI

12 TEASEL 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 four 12 TEASEL CLOSE sales between April 2000 and November 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 January 2022 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2023 sale, which was also at 29% above the HPI.

What might 12 TEASEL CLOSE be worth now?

12 TEASEL CLOSE might now be worth an estimated £310,433.

This is based on house price inflation of 3.5%, between November 2023 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 3.5% inflationary increase is applied to the most recent sale price for 12 TEASEL CLOSE of £300,000 on 10th November 2023. For the value to have increased from £300,000 to £310,433 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 TEASEL CLOSE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The November 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TEASEL CLOSE has not materially changed since November 2023.

How Large is 12 TEASEL CLOSE?

12 TEASEL CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 TEASEL CLOSE lies on this distribution: 39% of semi-detached houses houses are smaller than 12 TEASEL CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Dereham.

12 TEASEL CLOSE: Plot and Title Map

12 TEASEL CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 12 TEASEL 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 TEASEL 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 TEASEL CLOSE?

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