42, RUSSET WAY, DEREHAM, NR19 1GX - £256,000

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

42 RUSSET WAY is a very small extended semi-detached house of 82m², built sometime between 2003 and 2006. It was last sold for £256,000 in July 2022, which was around 30% below the average July 2022 detached price in the Breckland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

42 RUSSET WAY Sold Prices

Land registry data shows six sales for 42 RUSSET WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the six 42 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
2022 29 JUL	£256,000	£365,505	30% below HPI
2018 25 SEP	£220,000	£299,886	27% below HPI
2015 23 JAN	£151,000	£241,350	37% below HPI
2014 10 JAN	£152,000	£214,957	29% below HPI
2003 30 MAY	£124,500	£162,190	23% below HPI
2002 19 DEC	£112,000	£154,877	28% below HPI

42 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 six 42 RUSSET WAY sales between December 2002 and July 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 September 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 42 RUSSET WAY?

42 RUSSET WAY is 82m², which includes two extensions, according to the EPC inspection conducted in August 2018. 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 42 RUSSET WAY lies on this distribution: 19% of detached houses are smaller than 42 RUSSET WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Dereham.

42 RUSSET WAY: Plot and Title Map

42 RUSSET WAY sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 42 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 42 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 42 RUSSET WAY?

42 RUSSET WAY is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 42 on RUSSET WAY.