8, ELDERBERRY DRIVE, DEREHAM, NR20 3ST - £427,500

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.

8 ELDERBERRY DRIVE is a midsized detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £415,314. It was last sold for £427,500 in December 2022, which was around 12% above the average December 2022 detached price in the Breckland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

8 ELDERBERRY DRIVE Sold Prices

Land registry data shows three sales for 8 ELDERBERRY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 8 ELDERBERRY DRIVE sales were 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
2022 13 DEC	£427,500	£381,299	12% above HPI
2007 24 AUG	£249,950	£235,402	6% above HPI
2001 25 MAY	£133,950	£110,776	21% above HPI

8 ELDERBERRY 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 three 8 ELDERBERRY DRIVE sales between May 2001 and December 2022 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 August 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 ELDERBERRY DRIVE be worth now?

8 ELDERBERRY DRIVE might now be worth an estimated £415,314.

This is based on house price deflation of 2.9%, between December 2022 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 2.9% deflationary decrease is applied to the most recent sale price for 8 ELDERBERRY DRIVE of £427,500 on 13th December 2022. For the value to have decreased from £427,500 to £415,314 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 ELDERBERRY DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2022 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ELDERBERRY DRIVE has not materially changed since December 2022.

How Large is 8 ELDERBERRY DRIVE?

8 ELDERBERRY DRIVE is 117m² according to the EPC inspection conducted in November 2021. This puts it in the largest 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 8 ELDERBERRY DRIVE lies on this distribution: 58% of detached houses houses are smaller than 8 ELDERBERRY DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Dereham.

8 ELDERBERRY DRIVE: Plot and Title Map

8 ELDERBERRY DRIVE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 8 ELDERBERRY 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 8 ELDERBERRY 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 8 ELDERBERRY DRIVE?

8 ELDERBERRY DRIVE is located in DEREHAM, in the NR20 postcode district. The below map shows the position of No. 8 on ELDERBERRY DRIVE.