4, GORSE CLOSE, SCARNING, DEREHAM, NR19 2UT - £196,525

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

4 GORSE CLOSE is a very large detached house of 169m², built sometime between 1996 and 2002, which could now be worth an estimated £366,414. It was last sold for £196,525 in August 2009, which was about the average August 2009 detached price in the Breckland local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

4 GORSE CLOSE Sold Prices

Land registry data shows two sales for 4 GORSE 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. One of the two 4 GORSE CLOSE 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
2009 28 AUG	£196,525	£197,323	Close to HPI
2001 6 JUL	£128,000	£118,262	8% above HPI

4 GORSE 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 GORSE CLOSE sales from July 2001 and August 2009 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 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2009 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 4 GORSE CLOSE be worth now?

4 GORSE CLOSE might now be worth an estimated £366,414.

This is based on house price inflation of 86.4%, between August 2009 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 86.4% inflationary increase is applied to the most recent sale price for 4 GORSE CLOSE of £196,525 on 28th August 2009. For the value to have increased from £196,525 to £366,414 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 GORSE CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The August 2009 sale price of £196,525 represented a fair market value for the property.
• The size, condition, and specification of 4 GORSE CLOSE has not materially changed since August 2009.

How Large is 4 GORSE CLOSE?

4 GORSE CLOSE is 169m² according to the EPC inspection conducted in January 2009. 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 GORSE CLOSE lies on this distribution: 91% of detached houses houses are smaller than 4 GORSE CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Dereham.

4 GORSE CLOSE: Plot and Title Map

4 GORSE CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 4 GORSE 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 GORSE 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 GORSE CLOSE?

4 GORSE CLOSE is located in SCARNING, in the NR19 postcode district. The below map shows the position of No. 4 on GORSE CLOSE.