4, NURSERY CLOSE, GRESSENHALL, DEREHAM, NR20 4TH - £280,000

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

4 NURSERY CLOSE is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £280,000 in September 2009, which was around 37% above the average September 2009 detached price in the Breckland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

4 NURSERY CLOSE Sold Prices

Land registry data shows two sales for 4 NURSERY 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 NURSERY CLOSE sales was for above the average price, whilst the other was 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
2009 16 SEP	£280,000	£204,795	37% above HPI
2003 31 OCT	£160,000	£171,668	7% below HPI

4 NURSERY 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 NURSERY CLOSE sales from October 2003 and September 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 October 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2009 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 4 NURSERY CLOSE be worth now?

4 NURSERY CLOSE might now be worth an estimated £503,003.

This is based on house price inflation of 79.6%, between September 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 79.6% inflationary increase is applied to the most recent sale price for 4 NURSERY CLOSE of £280,000 on 16th September 2009. For the value to have increased from £280,000 to £503,003 over the fourteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 4 NURSERY CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2009 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NURSERY CLOSE has not materially changed since September 2009.

How Large is 4 NURSERY CLOSE?

4 NURSERY CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% of detached houses houses in Gressenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gressenhall, and where 4 NURSERY CLOSE lies on this distribution: 46% of detached houses houses are smaller than 4 NURSERY CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

4 NURSERY CLOSE: Plot and Title Map

4 NURSERY CLOSE sits on a plot of roughly 0.205 of an acre, or 830m². The below map shows the location of 4 NURSERY 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 NURSERY 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 NURSERY CLOSE?

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