4, RUSSET WAY, DEREHAM, NR19 1GX - £240,000

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

4 RUSSET WAY is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £240,000 in April 2021, which was around 25% below the average April 2021 detached price in the Breckland local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

4 RUSSET WAY Sold Prices

Land registry data shows two sales for 4 RUSSET WAY 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 RUSSET 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
2021 9 APR	£240,000	£321,623	25% below HPI
2002 27 SEP	£142,500	£150,552	5% below HPI

4 RUSSET WAY 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 RUSSET WAY sales from September 2002 and April 2021 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 September 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 RUSSET WAY?

4 RUSSET WAY is 77m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 4 RUSSET WAY lies on this distribution: 14% of detached houses are smaller than 4 RUSSET WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Dereham.

4 RUSSET WAY: Plot and Title Map

4 RUSSET WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 4 RUSSET 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 4 RUSSET 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 4 RUSSET WAY?

4 RUSSET WAY is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 4 on RUSSET WAY.