3, SPELMANS MEADOW, DEREHAM, NR19 2SL - £300,000

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

3 SPELMANS MEADOW is a large extended detached house of 138m², built sometime between 1983 and 1990, which could now be worth an estimated £369,186. It was last sold for £300,000 in July 2019, which was about the average July 2019 detached price in the Breckland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

3 SPELMANS MEADOW Sold Prices

Land registry data shows two sales for 3 SPELMANS MEADOW 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. One of the two 3 SPELMANS MEADOW sales was roughly equal to the average price, whilst the other was 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 9 JUL	£300,000	£298,957	Close to HPI
2007 2 FEB	£240,000	£215,470	11% above HPI

3 SPELMANS MEADOW 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 SPELMANS MEADOW sales from February 2007 and July 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 February 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 SPELMANS MEADOW be worth now?

3 SPELMANS MEADOW might now be worth an estimated £369,186.

This is based on house price inflation of 23.1%, between July 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 23.1% inflationary increase is applied to the most recent sale price for 3 SPELMANS MEADOW of £300,000 on 9th July 2019. For the value to have increased from £300,000 to £369,186 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 SPELMANS MEADOW has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2019 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPELMANS MEADOW has not materially changed since July 2019.

How Large is 3 SPELMANS MEADOW?

3 SPELMANS MEADOW is 138m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 30% 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 SPELMANS MEADOW lies on this distribution: 76% of detached houses houses are smaller than 3 SPELMANS MEADOW, and 24% of houses are larger. Note that EPC data is not available for all properties in Dereham.

3 SPELMANS MEADOW: Plot and Title Map

3 SPELMANS MEADOW sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 3 SPELMANS MEADOW, 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 SPELMANS MEADOW). 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 SPELMANS MEADOW?

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