2, ORCHID AVENUE, DEREHAM, NR19 1JT - £255,000

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 ORCHID AVENUE is a small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £294,949. It was last sold for £255,000 in December 2020, which was around 20% below the average December 2020 detached price in the Breckland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

2 ORCHID AVENUE Sold Prices

Land registry data shows three sales for 2 ORCHID AVENUE 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 ORCHID AVENUE 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
2020 14 DEC	£255,000	£320,258	20% below HPI
2015 25 NOV	£200,000	£259,010	23% below HPI
1999 22 JAN	£59,500	£78,472	24% below HPI

2 ORCHID AVENUE 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 ORCHID AVENUE sales between January 1999 and December 2020 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 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 ORCHID AVENUE be worth now?

2 ORCHID AVENUE might now be worth an estimated £294,949.

This is based on house price inflation of 15.7%, between December 2020 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 15.7% inflationary increase is applied to the most recent sale price for 2 ORCHID AVENUE of £255,000 on 14th December 2020. For the value to have increased from £255,000 to £294,949 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 ORCHID AVENUE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHID AVENUE has not materially changed since December 2020.

How Large is 2 ORCHID AVENUE?

2 ORCHID AVENUE is 83m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% 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 ORCHID AVENUE lies on this distribution: 20% of detached houses houses are smaller than 2 ORCHID AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Dereham.

2 ORCHID AVENUE: Plot and Title Map

2 ORCHID AVENUE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 ORCHID AVENUE, 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 ORCHID AVENUE). 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 ORCHID AVENUE?

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