3, FAREBROTHER WAY, DEREHAM, NR19 1UH - £295,000

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

3 FAREBROTHER WAY is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £295,000 in August 2024, which was around 16% below the average August 2024 detached price in the Breckland local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

3 FAREBROTHER WAY Sold Prices

Land registry data shows two sales for 3 FAREBROTHER 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 3 FAREBROTHER 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
2024 30 AUG	£295,000	£352,297	16% below HPI
1998 10 OCT	£68,950	£79,087	13% below HPI

3 FAREBROTHER 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 3 FAREBROTHER WAY sales from October 1998 and August 2024 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 October 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 FAREBROTHER WAY?

3 FAREBROTHER WAY is 98m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 40% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 3 FAREBROTHER WAY lies on this distribution: 35% of detached houses are smaller than 3 FAREBROTHER WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Dereham.

3 FAREBROTHER WAY: Plot and Title Map

3 FAREBROTHER WAY sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 3 FAREBROTHER 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 3 FAREBROTHER 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 3 FAREBROTHER WAY?

3 FAREBROTHER WAY is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 3 on FAREBROTHER WAY.