2, LAVENDER GROVE, DEREHAM, NR19 1JZ - £290,000

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.

2 LAVENDER GROVE is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £282,875. It was last sold for £290,000 in November 2022, which was around 24% below the average November 2022 detached price in the Breckland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 LAVENDER GROVE Sold Prices

Land registry data shows three sales for 2 LAVENDER GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 2 LAVENDER GROVE 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
2022 18 NOV	£290,000	£379,760	24% below HPI
2002 1 NOV	£129,500	£158,076	18% below HPI
1999 10 FEB	£56,850	£79,326	28% below HPI

2 LAVENDER GROVE 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 three 2 LAVENDER GROVE sales between February 1999 and November 2022 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 November 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 LAVENDER GROVE be worth now?

2 LAVENDER GROVE might now be worth an estimated £282,875.

This is based on house price deflation of 2.5%, between November 2022 and February 2025, 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 2.5% deflationary decrease is applied to the most recent sale price for 2 LAVENDER GROVE of £290,000 on 18th November 2022. For the value to have decreased from £290,000 to £282,875 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 LAVENDER GROVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAVENDER GROVE has not materially changed since November 2022.

How Large is 2 LAVENDER GROVE?

2 LAVENDER GROVE is 76m² according to the EPC inspection conducted in May 2022. 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 2 LAVENDER GROVE lies on this distribution: 13% of detached houses houses are smaller than 2 LAVENDER GROVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Dereham.

2 LAVENDER GROVE: Plot and Title Map

2 LAVENDER GROVE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 2 LAVENDER GROVE, 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 2 LAVENDER GROVE). 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 2 LAVENDER GROVE?

2 LAVENDER GROVE is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 2 on LAVENDER GROVE.