7, OAK AVENUE, NORTH ELMHAM, DEREHAM, NR20 5JL - £272,000

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

7 OAK AVENUE is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £318,068. It was last sold for £272,000 in August 2020, which was around 14% below the average August 2020 detached price in the Breckland local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was B.

7 OAK AVENUE Sold Prices

Land registry data shows two sales for 7 OAK AVENUE 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 7 OAK AVENUE 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
2020 7 AUG	£272,000	£314,616	14% below HPI
2012 19 DEC	£152,000	£210,415	28% below HPI

7 OAK AVENUE 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 7 OAK AVENUE sales from December 2012 and August 2020 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 December 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 OAK AVENUE be worth now?

7 OAK AVENUE might now be worth an estimated £318,068.

This is based on house price inflation of 16.9%, between August 2020 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 16.9% inflationary increase is applied to the most recent sale price for 7 OAK AVENUE of £272,000 on 7th August 2020. For the value to have increased from £272,000 to £318,068 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 7 OAK AVENUE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The August 2020 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OAK AVENUE has not materially changed since August 2020.

How Large is 7 OAK AVENUE?

7 OAK AVENUE is 86m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses houses in North Elmham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Elmham, and where 7 OAK AVENUE lies on this distribution: 20% of detached houses houses are smaller than 7 OAK AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in North Elmham.

7 OAK AVENUE: Plot and Title Map

7 OAK AVENUE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 7 OAK AVENUE, 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 7 OAK AVENUE). 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 7 OAK AVENUE?

7 OAK AVENUE is located in NORTH ELMHAM, in the NR20 postcode district. The below map shows the position of No. 7 on OAK AVENUE.