7, ROSA VELLA DRIVE, DEREHAM, NR20 3SB - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 ROSA VELLA DRIVE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £320,000 in July 2024, which was around 11% below the average July 2024 detached price in the Breckland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

7 ROSA VELLA DRIVE Sold Prices

Land registry data shows two sales for 7 ROSA VELLA DRIVE 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 7 ROSA VELLA DRIVE sales was for below the average price, whilst the other was for above 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 24 JUL	£320,000	£358,291	11% below HPI
2003 20 MAR	£166,705	£163,318	2% above HPI

7 ROSA VELLA DRIVE 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 ROSA VELLA DRIVE sales from March 2003 and July 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 March 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 ROSA VELLA DRIVE?

7 ROSA VELLA DRIVE is 78m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where 7 ROSA VELLA DRIVE lies on this distribution: 15% of detached houses are smaller than 7 ROSA VELLA DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Dereham.

7 ROSA VELLA DRIVE: Plot and Title Map

7 ROSA VELLA DRIVE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 7 ROSA VELLA DRIVE, 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 ROSA VELLA DRIVE). 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 ROSA VELLA DRIVE?

7 ROSA VELLA DRIVE is located in DEREHAM, in the NR20 postcode district. The below map shows the position of No. 7 on ROSA VELLA DRIVE.