15, MACARTHUR DRIVE, DEREHAM, NR19 2XF - £167,000

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

15 MACARTHUR DRIVE is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £290,502. It was last sold for £167,000 in November 2012, which was around 21% below the average November 2012 detached price in the Breckland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

15 MACARTHUR DRIVE Sold Prices

Land registry data shows two sales for 15 MACARTHUR DRIVE 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 15 MACARTHUR DRIVE 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
2012 2 NOV	£167,000	£211,495	21% below HPI
1999 30 JUN	£74,995	£81,625	8% below HPI

15 MACARTHUR DRIVE 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 15 MACARTHUR DRIVE sales from June 1999 and November 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 June 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2012 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 15 MACARTHUR DRIVE be worth now?

15 MACARTHUR DRIVE might now be worth an estimated £290,502.

This is based on house price inflation of 74%, between November 2012 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 74% inflationary increase is applied to the most recent sale price for 15 MACARTHUR DRIVE of £167,000 on 2nd November 2012. For the value to have increased from £167,000 to £290,502 over the eleven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 15 MACARTHUR DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2012 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MACARTHUR DRIVE has not materially changed since November 2012.

How Large is 15 MACARTHUR DRIVE?

15 MACARTHUR DRIVE is 82m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 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 15 MACARTHUR DRIVE lies on this distribution: 19% of detached houses houses are smaller than 15 MACARTHUR DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Dereham.

15 MACARTHUR DRIVE: Plot and Title Map

15 MACARTHUR DRIVE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 15 MACARTHUR DRIVE, 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 15 MACARTHUR DRIVE). 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 15 MACARTHUR DRIVE?

15 MACARTHUR DRIVE is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 15 on MACARTHUR DRIVE.