5, SHARON CLOSE, DEREHAM, NR19 1NQ - £385,000

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 SHARON CLOSE is a large extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £392,746. It was last sold for £385,000 in September 2024, which was around 7% above the average September 2024 detached price in the Breckland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

5 SHARON CLOSE Sold Prices

Land registry data shows two sales for 5 SHARON 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. One of the two 5 SHARON CLOSE sales was for above the average price, whilst the other 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
2024 26 SEP	£385,000	£360,646	7% above HPI
2005 25 NOV	£162,000	£202,480	20% below HPI

5 SHARON 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 SHARON CLOSE sales from November 2005 and September 2024 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 SHARON CLOSE be worth now?

5 SHARON CLOSE might now be worth an estimated £392,746.

This is based on house price inflation of 2%, between September 2024 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 2% inflationary increase is applied to the most recent sale price for 5 SHARON CLOSE of £385,000 on 26th September 2024. For the value to have increased from £385,000 to £392,746 over the nine months to December 2024, the following assumptions must hold true:

• The value of 5 SHARON CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2024 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHARON CLOSE has not materially changed since September 2024.

How Large is 5 SHARON CLOSE?

5 SHARON CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% 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 SHARON CLOSE lies on this distribution: 60% of detached houses houses are smaller than 5 SHARON CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Dereham.

5 SHARON CLOSE: Plot and Title Map

5 SHARON CLOSE sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 5 SHARON 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 SHARON 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 SHARON CLOSE?

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