48, KINGS PARK, DEREHAM, NR19 2AH - £225,000

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

48 KINGS PARK is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £225,000 in May 2022, which was around 37% below the average May 2022 detached price in the Breckland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

48 KINGS PARK Sold Prices

Land registry data shows two sales for 48 KINGS PARK 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 48 KINGS PARK 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 4 MAY	£225,000	£359,508	37% below HPI
2003 29 JAN	£112,000	£158,198	29% below HPI

48 KINGS PARK 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 48 KINGS PARK sales from January 2003 and May 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 January 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 48 KINGS PARK?

48 KINGS PARK is 73m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 48 KINGS PARK lies on this distribution: 10% of detached houses are smaller than 48 KINGS PARK, and 89% of houses are larger. Note that EPC data is not available for all properties in Dereham.

48 KINGS PARK: Plot and Title Map

48 KINGS PARK sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 48 KINGS PARK, 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 48 KINGS PARK). 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 48 KINGS PARK?

48 KINGS PARK is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 48 on KINGS PARK.