50, RUSSET WAY, DEREHAM, NR19 1GX - £220,000

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

50 RUSSET WAY is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £220,000 in July 2013, which was around 5% above the average July 2013 detached price in the Breckland local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

50 RUSSET WAY Sold Prices

Land registry data shows four sales for 50 RUSSET WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. two of the four 50 RUSSET WAY sales were for above the average price, and four 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
2013 22 JUL	£220,000	£209,627	5% above HPI
2006 5 MAY	£192,000	£208,110	8% below HPI
2005 8 JUL	£188,000	£198,807	5% below HPI
2003 28 MAR	£166,250	£163,318	2% above HPI

50 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 four 50 RUSSET WAY sales between March 2003 and July 2013 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 May 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2013 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 50 RUSSET WAY?

50 RUSSET WAY is 115m² according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 50 RUSSET WAY lies on this distribution: 55% of detached houses are smaller than 50 RUSSET WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Dereham.

50 RUSSET WAY: Plot and Title Map

50 RUSSET WAY sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 50 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 50 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 50 RUSSET WAY?

50 RUSSET WAY is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 50 on RUSSET WAY.