3, LUXEMBOURG WAY, DEREHAM, NR19 1XS - £400,000

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.

3 LUXEMBOURG WAY is a very large detached house of 144m², built sometime between 2003 and 2006, which could now be worth an estimated £402,305. It was last sold for £400,000 in May 2023, which was around 9% above the average May 2023 detached price in the Breckland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

3 LUXEMBOURG WAY Sold Prices

Land registry data shows four sales for 3 LUXEMBOURG WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Most of the four 3 LUXEMBOURG WAY 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
2023 4 MAY	£400,000	£368,308	9% above HPI
2021 18 NOV	£372,500	£341,876	9% above HPI
2016 22 JUL	£243,000	£276,677	12% below HPI
2004 27 FEB	£206,620	£184,586	12% above HPI

3 LUXEMBOURG 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 four 3 LUXEMBOURG WAY sales between February 2004 and May 2023 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 2021 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2023 sale, which was also at 9% above the HPI.

What might 3 LUXEMBOURG WAY be worth now?

3 LUXEMBOURG WAY might now be worth an estimated £402,305.

This is based on house price inflation of 0.6%, between May 2023 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 0.6% inflationary increase is applied to the most recent sale price for 3 LUXEMBOURG WAY of £400,000 on 4th May 2023. For the value to have increased from £400,000 to £402,305 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 3 LUXEMBOURG WAY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The May 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LUXEMBOURG WAY has not materially changed since May 2023.

How Large is 3 LUXEMBOURG WAY?

3 LUXEMBOURG WAY is 144m² according to the EPC inspection conducted in March 2023. This puts it in the largest 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 3 LUXEMBOURG WAY lies on this distribution: 81% of detached houses houses are smaller than 3 LUXEMBOURG WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Dereham.

3 LUXEMBOURG WAY: Plot and Title Map

3 LUXEMBOURG WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 3 LUXEMBOURG 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 LUXEMBOURG 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 LUXEMBOURG WAY?

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