4, SPINNEY CLOSE, BEETLEY, DEREHAM, NR20 4TB - £255,950

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 SPINNEY CLOSE is a very small semi-detached house of 56m², built sometime between 1983 and 1990. It was last sold for £255,950 in September 2022, which was around 7% above the average September 2022 semi-detached price in the Breckland local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

4 SPINNEY CLOSE Sold Prices

Land registry data shows four sales for 4 SPINNEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. two of the four 4 SPINNEY CLOSE sales were for above the average price, and four 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
2022 5 SEP	£255,950	£239,921	7% above HPI
2016 14 MAR	£150,000	£167,458	10% below HPI
2008 14 JAN	£150,000	£152,722	2% below HPI
2003 14 FEB	£101,000	£98,080	3% above HPI

4 SPINNEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The four 4 SPINNEY CLOSE sales between February 2003 and September 2022 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 March 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 4 SPINNEY CLOSE be worth now?

4 SPINNEY CLOSE might now be worth an estimated £254,894.

This is based on house price deflation of 0.4%, between September 2022 and December 2024, for semi-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 0.4% deflationary decrease is applied to the most recent sale price for 4 SPINNEY CLOSE of £255,950 on 5th September 2022. For the value to have decreased from £255,950 to £254,894 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 4 SPINNEY CLOSE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The September 2022 sale price of £255,950 represented a fair market value for the property.
• The size, condition, and specification of 4 SPINNEY CLOSE has not materially changed since September 2022.

How Large is 4 SPINNEY CLOSE?

4 SPINNEY CLOSE is 56m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of semi-detached houses houses in Beetley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Beetley, and where 4 SPINNEY CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 4 SPINNEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Beetley.

4 SPINNEY CLOSE: Plot and Title Map

4 SPINNEY CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 4 SPINNEY 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 SPINNEY 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 SPINNEY CLOSE?

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