7, SHAKESPEARE CLOSE, DEREHAM, NR19 2SQ - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 SHAKESPEARE CLOSE is a midsized detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £320,060. It was last sold for £175,000 in March 2012, which was around 14% below the average March 2012 detached price in the Breckland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

7 SHAKESPEARE CLOSE Sold Prices

Land registry data shows four sales for 7 SHAKESPEARE CLOSE 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. All of the four 7 SHAKESPEARE 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
2012 15 MAR	£175,000	£202,541	14% below HPI
2009 5 JAN	£174,995	£201,757	13% below HPI
2003 17 JUL	£161,500	£166,711	3% below HPI
2002 28 MAR	£123,500	£125,055	1% below HPI

7 SHAKESPEARE 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 four 7 SHAKESPEARE CLOSE sales between March 2002 and March 2012 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 January 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 SHAKESPEARE CLOSE be worth now?

7 SHAKESPEARE CLOSE might now be worth an estimated £320,060.

This is based on house price inflation of 82.9%, between March 2012 and February 2025, 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 82.9% inflationary increase is applied to the most recent sale price for 7 SHAKESPEARE CLOSE of £175,000 on 15th March 2012. For the value to have increased from £175,000 to £320,060 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 7 SHAKESPEARE CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2012 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHAKESPEARE CLOSE has not materially changed since March 2012.

How Large is 7 SHAKESPEARE CLOSE?

7 SHAKESPEARE CLOSE is 110m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% 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 7 SHAKESPEARE CLOSE lies on this distribution: 49% of detached houses houses are smaller than 7 SHAKESPEARE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Dereham.

7 SHAKESPEARE CLOSE: Plot and Title Map

7 SHAKESPEARE CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 7 SHAKESPEARE 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 7 SHAKESPEARE 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 7 SHAKESPEARE CLOSE?

7 SHAKESPEARE CLOSE is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 7 on SHAKESPEARE CLOSE.