28, BILNEY ROAD, GRESSENHALL, DEREHAM, NR20 4EG - £470,000

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.

28 BILNEY ROAD is a very large detached house of 170m², built sometime between 2003 and 2006, which could now be worth an estimated £579,325. It was last sold for £470,000 in August 2019, which was around 55% above the average August 2019 detached price in the Breckland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

28 BILNEY ROAD Sold Prices

Land registry data shows two sales for 28 BILNEY 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 28 BILNEY ROAD sales were for above 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 6 AUG	£470,000	£302,398	55% above HPI
2006 31 MAR	£305,000	£201,809	51% above HPI

28 BILNEY 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 28 BILNEY ROAD sales from March 2006 and August 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 March 2006 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2019 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 28 BILNEY ROAD be worth now?

28 BILNEY ROAD might now be worth an estimated £579,325.

This is based on house price inflation of 23.3%, between August 2019 and March 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 23.3% inflationary increase is applied to the most recent sale price for 28 BILNEY ROAD of £470,000 on 6th August 2019. For the value to have increased from £470,000 to £579,325 over the six years and five months to March 2025, the following assumptions must hold true:

• The value of 28 BILNEY ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The August 2019 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 28 BILNEY ROAD has not materially changed since August 2019.

How Large is 28 BILNEY ROAD?

28 BILNEY ROAD is 170m² according to the EPC inspection conducted in October 2018. This puts it in the largest 20% of detached houses houses in Gressenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gressenhall, and where 28 BILNEY ROAD lies on this distribution: 84% of detached houses houses are smaller than 28 BILNEY ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

28 BILNEY ROAD: Plot and Title Map

28 BILNEY ROAD sits on a plot of roughly 0.293 of an acre, or 1,187m². The below map shows the location of 28 BILNEY 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 28 BILNEY 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 28 BILNEY ROAD?

28 BILNEY ROAD is located in GRESSENHALL, in the NR20 postcode district. The below map shows the position of No. 28 on BILNEY ROAD.