15, PARK ROAD, GRESSENHALL, DEREHAM, NR20 4LP - £160,000

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

15 PARK ROAD is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £160,000 in June 2011, which was around 20% below the average June 2011 detached price in the Breckland local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

15 PARK ROAD Sold Prices

Land registry data shows two sales for 15 PARK ROAD 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 PARK ROAD 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
2011 2 JUN	£160,000	£200,583	20% below HPI
1995 14 DEC	£44,000	£64,244	32% below HPI

15 PARK ROAD 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 PARK ROAD sales from December 1995 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 December 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2011 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 15 PARK ROAD?

15 PARK ROAD is 76m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of detached houses in Gressenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Gressenhall, and where 15 PARK ROAD lies on this distribution: 13% of detached houses are smaller than 15 PARK ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

15 PARK ROAD: Plot and Title Map

15 PARK ROAD sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 15 PARK ROAD, 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 PARK ROAD). 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 PARK ROAD?

15 PARK ROAD is located in GRESSENHALL, in the NR20 postcode district. The below map shows the position of No. 15 on PARK ROAD.