8, FERN CLOSE, DEREHAM, NR20 3TZ - £240,000

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

8 FERN CLOSE is a small semi-detached house of 101m², built sometime from 2007 onwards, which could now be worth an estimated £297,063. It was last sold for £240,000 in September 2019, which was around 24% above the average September 2019 semi-detached price in the Breckland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

8 FERN CLOSE Sold Prices

Land registry data shows three sales for 8 FERN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. All of the three 8 FERN CLOSE 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
2019 20 SEP	£240,000	£193,925	24% above HPI
2016 12 FEB	£210,000	£166,166	26% above HPI
2007 11 MAY	£207,450	£148,909	39% above HPI

8 FERN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The three 8 FERN CLOSE sales between May 2007 and September 2019 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 February 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 8 FERN CLOSE be worth now?

8 FERN CLOSE might now be worth an estimated £297,063.

This is based on house price inflation of 23.8%, between September 2019 and February 2025, for semi-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 23.8% inflationary increase is applied to the most recent sale price for 8 FERN CLOSE of £240,000 on 20th September 2019. For the value to have increased from £240,000 to £297,063 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 FERN CLOSE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The September 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FERN CLOSE has not materially changed since September 2019.

How Large is 8 FERN CLOSE?

8 FERN CLOSE is 101m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of semi-detached houses houses in Dereham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dereham, and where 8 FERN CLOSE lies on this distribution: 39% of semi-detached houses houses are smaller than 8 FERN CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Dereham.

8 FERN CLOSE: Plot and Title Map

8 FERN CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 8 FERN 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 8 FERN 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 8 FERN CLOSE?

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