38, LITCHAM ROAD, GRESSENHALL, DEREHAM, NR20 4AR - £220,000

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

38 LITCHAM ROAD is a large detached house of 131m², built sometime between 1976 and 1982. It was last sold for £220,000 in January 2017, which was around 22% below the average January 2017 detached price in the Breckland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

38 LITCHAM ROAD Sold Prices

Land registry data shows two sales for 38 LITCHAM ROAD 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 38 LITCHAM ROAD 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
2017 6 JAN	£220,000	£282,501	22% below HPI
1995 28 JUL	£60,000	£65,729	9% below HPI

38 LITCHAM ROAD 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 38 LITCHAM ROAD sales from July 1995 and January 2017 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 July 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 38 LITCHAM ROAD?

38 LITCHAM ROAD is 131m² according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses in Gressenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Gressenhall, and where 38 LITCHAM ROAD lies on this distribution: 62% of detached houses are smaller than 38 LITCHAM ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

38 LITCHAM ROAD: Plot and Title Map

38 LITCHAM ROAD sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 38 LITCHAM ROAD, 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 38 LITCHAM ROAD). 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 38 LITCHAM ROAD?

38 LITCHAM ROAD is located in GRESSENHALL, in the NR20 postcode district. The below map shows the position of No. 38 on LITCHAM ROAD.