13, WALLACE CLOSE, DEREHAM, NR19 2XR - £216,000

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

13 WALLACE CLOSE is a very large extended detached house of 158m², built sometime between 1996 and 2002, which could now be worth an estimated £393,120. It was last sold for £216,000 in June 2011, which was around 7% above the average June 2011 detached price in the Breckland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

13 WALLACE CLOSE Sold Prices

Land registry data shows two sales for 13 WALLACE CLOSE 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. Both of the two 13 WALLACE 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
2011 6 JUN	£216,000	£202,144	7% above HPI
2000 11 APR	£129,995	£95,468	36% above HPI

13 WALLACE CLOSE 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 13 WALLACE CLOSE sales from April 2000 and June 2011 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 2000 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2011 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 13 WALLACE CLOSE be worth now?

13 WALLACE CLOSE might now be worth an estimated £393,120.

This is based on house price inflation of 82%, between June 2011 and December 2024, 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 82% inflationary increase is applied to the most recent sale price for 13 WALLACE CLOSE of £216,000 on 6th June 2011. For the value to have increased from £216,000 to £393,120 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 13 WALLACE CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2011 sale price of £216,000 represented a fair market value for the property.
• The size, condition, and specification of 13 WALLACE CLOSE has not materially changed since June 2011.

How Large is 13 WALLACE CLOSE?

13 WALLACE CLOSE is 158m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% 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 13 WALLACE CLOSE lies on this distribution: 87% of detached houses houses are smaller than 13 WALLACE CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Dereham.

13 WALLACE CLOSE: Plot and Title Map

13 WALLACE CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 13 WALLACE 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 13 WALLACE 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 13 WALLACE CLOSE?

13 WALLACE CLOSE is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 13 on WALLACE CLOSE.