5, LOWICK CLOSE, DEREHAM, NR19 1EJ - £195,000

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 LOWICK CLOSE is a very large extended detached house of 155m², built sometime between 1976 and 1982, which could now be worth an estimated £347,150. It was last sold for £195,000 in January 2011, which was around 6% below the average January 2011 detached price in the Breckland local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

5 LOWICK CLOSE Sold Prices

Land registry data shows two sales for 5 LOWICK CLOSE 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 LOWICK CLOSE 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
2011 11 JAN	£195,000	£206,657	6% below HPI
1998 24 JUN	£70,000	£78,059	10% below HPI

5 LOWICK CLOSE 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 LOWICK CLOSE sales from June 1998 and January 2011 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 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2011 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 LOWICK CLOSE be worth now?

5 LOWICK CLOSE might now be worth an estimated £347,150.

This is based on house price inflation of 78%, between January 2011 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 78% inflationary increase is applied to the most recent sale price for 5 LOWICK CLOSE of £195,000 on 11th January 2011. For the value to have increased from £195,000 to £347,150 over the twelve years and one month to December 2024, the following assumptions must hold true:

• The value of 5 LOWICK CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2011 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LOWICK CLOSE has not materially changed since January 2011.

How Large is 5 LOWICK CLOSE?

5 LOWICK CLOSE is 155m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the largest 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 LOWICK CLOSE lies on this distribution: 86% of detached houses houses are smaller than 5 LOWICK CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Dereham.

5 LOWICK CLOSE: Plot and Title Map

5 LOWICK CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 5 LOWICK 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 5 LOWICK 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 5 LOWICK CLOSE?

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