5, ELM PARK, DEREHAM, NR19 1NB - £200,000

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

5 ELM PARK is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £243,248. It was last sold for £200,000 in December 2017, which was around 34% below the average December 2017 detached price in the Breckland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

5 ELM PARK Sold Prices

Land registry data shows two sales for 5 ELM 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 5 ELM 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
2017 12 DEC	£200,000	£302,491	34% below HPI
1996 24 JUN	£46,000	£64,504	29% below HPI

5 ELM 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 5 ELM PARK sales from June 1996 and December 2017 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 June 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 ELM PARK be worth now?

5 ELM PARK might now be worth an estimated £243,248.

This is based on house price inflation of 21.6%, between December 2017 and December 2024, for 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 21.6% inflationary increase is applied to the most recent sale price for 5 ELM PARK of £200,000 on 12th December 2017. For the value to have increased from £200,000 to £243,248 over the seven years to December 2024, the following assumptions must hold true:

• The value of 5 ELM PARK has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2017 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELM PARK has not materially changed since December 2017.

How Large is 5 ELM PARK?

5 ELM PARK is 76m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dereham, and where 5 ELM PARK lies on this distribution: 13% of detached houses houses are smaller than 5 ELM PARK, and 87% of houses are larger. Note that EPC data is not available for all properties in Dereham.

5 ELM PARK: Plot and Title Map

5 ELM PARK sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 5 ELM 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 5 ELM 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 5 ELM PARK?

5 ELM PARK is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 5 on ELM PARK.