2, YEATS WAY, DEREHAM, NR19 2GX - £259,950

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

2 YEATS WAY is a large extended detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £320,463. It was last sold for £259,950 in November 2019, which was around 13% below the average November 2019 detached price in the Breckland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

2 YEATS WAY Sold Prices

Land registry data shows two sales for 2 YEATS WAY 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 2 YEATS WAY 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
2019 14 NOV	£259,950	£298,431	13% below HPI
2002 20 DEC	£154,950	£156,083	1% below HPI

2 YEATS WAY 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 2 YEATS WAY sales from December 2002 and November 2019 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 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 YEATS WAY be worth now?

2 YEATS WAY might now be worth an estimated £320,463.

This is based on house price inflation of 23.3%, between November 2019 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 23.3% inflationary increase is applied to the most recent sale price for 2 YEATS WAY of £259,950 on 14th November 2019. For the value to have increased from £259,950 to £320,463 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 YEATS WAY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2019 sale price of £259,950 represented a fair market value for the property.
• The size, condition, and specification of 2 YEATS WAY has not materially changed since November 2019.

How Large is 2 YEATS WAY?

2 YEATS WAY is 123m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 40% 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 YEATS WAY lies on this distribution: 63% of detached houses houses are smaller than 2 YEATS WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Dereham.

2 YEATS WAY: Plot and Title Map

2 YEATS WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 2 YEATS WAY, 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 YEATS WAY). 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 YEATS WAY?

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