3, MITCHELL CLOSE, DEREHAM, NR19 2XP - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MITCHELL CLOSE is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £240,000 in November 2018, which was around 20% below the average November 2018 detached price in the Breckland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

3 MITCHELL CLOSE Sold Prices

Land registry data shows two sales for 3 MITCHELL CLOSE 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 MITCHELL CLOSE 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
2018 23 NOV	£240,000	£301,278	20% below HPI
2002 11 JAN	£110,995	£121,782	9% below HPI

3 MITCHELL CLOSE 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 MITCHELL CLOSE sales from January 2002 and November 2018 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 January 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 MITCHELL CLOSE?

3 MITCHELL CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 50% 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 MITCHELL CLOSE lies on this distribution: 52% of detached houses are smaller than 3 MITCHELL CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Dereham.

3 MITCHELL CLOSE: Plot and Title Map

3 MITCHELL CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 3 MITCHELL CLOSE, 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 MITCHELL CLOSE). 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 MITCHELL CLOSE?

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