3, YEATS WAY, DEREHAM, NR19 2GX - £195,000

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 YEATS WAY is a very small semi-detached house of 61m², built sometime between 2003 and 2006, which could now be worth an estimated £201,997. It was last sold for £195,000 in October 2024, which was around 16% below the average October 2024 semi-detached price in the Breckland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was B.

3 YEATS WAY Sold Prices

Land registry data shows three sales for 3 YEATS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. All of the three 3 YEATS 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 11 OCT	£195,000	£231,719	16% below HPI
2003 20 JUN	£96,000	£102,111	6% below HPI
2002 20 DEC	£91,817	£95,028	3% below HPI

3 YEATS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The three 3 YEATS WAY sales between December 2002 and October 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 June 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 YEATS WAY be worth now?

3 YEATS WAY might now be worth an estimated £201,997.

This is based on house price inflation of 3.6%, between October 2024 and February 2025, for semi-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 3.6% inflationary increase is applied to the most recent sale price for 3 YEATS WAY of £195,000 on 11th October 2024. For the value to have increased from £195,000 to £201,997 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 3 YEATS WAY has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The October 2024 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 YEATS WAY has not materially changed since October 2024.

How Large is 3 YEATS WAY?

3 YEATS WAY is 61m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of semi-detached houses houses in Dereham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dereham, and where 3 YEATS WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 3 YEATS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Dereham.

3 YEATS WAY: Plot and Title Map

3 YEATS WAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 3 YEATS 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 YEATS 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 YEATS WAY?

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