4, FERN CLOSE, DEREHAM, NR20 3TZ - £315,000

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.

4 FERN CLOSE is a very large detached house of 171m², built sometime between 2003 and 2006, which could now be worth an estimated £458,741. It was last sold for £315,000 in September 2015, which was around 24% above the average September 2015 detached price in the Breckland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

4 FERN CLOSE Sold Prices

Land registry data shows two sales for 4 FERN 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 4 FERN CLOSE 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
2015 8 SEP	£315,000	£254,360	24% above HPI
2007 12 JAN	£299,950	£217,709	38% above HPI

4 FERN 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 4 FERN CLOSE sales from January 2007 and September 2015 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 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 4 FERN CLOSE be worth now?

4 FERN CLOSE might now be worth an estimated £458,741.

This is based on house price inflation of 45.6%, between September 2015 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 45.6% inflationary increase is applied to the most recent sale price for 4 FERN CLOSE of £315,000 on 8th September 2015. For the value to have increased from £315,000 to £458,741 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 FERN CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FERN CLOSE has not materially changed since September 2015.

How Large is 4 FERN CLOSE?

4 FERN CLOSE is 171m² according to the EPC inspection conducted in March 2015. This puts it in the largest 10% 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 4 FERN CLOSE lies on this distribution: 91% of detached houses houses are smaller than 4 FERN CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Dereham.

4 FERN CLOSE: Plot and Title Map

4 FERN CLOSE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 4 FERN 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 4 FERN 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 4 FERN CLOSE?

4 FERN CLOSE is located in DEREHAM, in the NR20 postcode district. The below map shows the position of No. 4 on FERN CLOSE.