40, RUSSET WAY, DEREHAM, NR19 1GX - £265,250

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

40 RUSSET WAY is a very small semi-detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £278,220. It was last sold for £265,250 in January 2022, which was around 16% above the average January 2022 semi-detached price in the Breckland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

40 RUSSET WAY Sold Prices

Land registry data shows three sales for 40 RUSSET WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. Two of the three 40 RUSSET WAY sales were for above the average price, whilst one 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
2022 25 JAN	£265,250	£228,843	16% above HPI
2017 24 NOV	£180,000	£192,858	7% below HPI
2002 6 DEC	£122,000	£95,028	28% above HPI

40 RUSSET WAY 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 three 40 RUSSET WAY sales between December 2002 and January 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 November 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 40 RUSSET WAY be worth now?

40 RUSSET WAY might now be worth an estimated £278,220.

This is based on house price inflation of 4.9%, between January 2022 and February 2025, 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 4.9% inflationary increase is applied to the most recent sale price for 40 RUSSET WAY of £265,250 on 25th January 2022. For the value to have increased from £265,250 to £278,220 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 40 RUSSET WAY has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The January 2022 sale price of £265,250 represented a fair market value for the property.
• The size, condition, and specification of 40 RUSSET WAY has not materially changed since January 2022.

How Large is 40 RUSSET WAY?

40 RUSSET WAY is 80m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of semi-detached houses houses in Dereham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dereham, and where 40 RUSSET WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 40 RUSSET WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Dereham.

40 RUSSET WAY: Plot and Title Map

40 RUSSET WAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 40 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 40 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 40 RUSSET WAY?

40 RUSSET WAY is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 40 on RUSSET WAY.