8, MITCHELL CLOSE, DEREHAM, NR19 2XP - £289,950

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 MITCHELL CLOSE is a midsized extended detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £398,598. It was last sold for £289,950 in May 2016, which was around 8% above the average May 2016 detached price in the Breckland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

8 MITCHELL CLOSE Sold Prices

Land registry data shows three sales for 8 MITCHELL CLOSE 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. One of the three 8 MITCHELL CLOSE sales was for above the average price, whilst two 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
2016 20 MAY	£289,950	£267,621	8% above HPI
2005 2 DEC	£200,000	£202,624	1% below HPI
2000 25 AUG	£102,995	£103,807	1% below HPI

8 MITCHELL 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 three 8 MITCHELL CLOSE sales between August 2000 and May 2016 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 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2016 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 8 MITCHELL CLOSE be worth now?

8 MITCHELL CLOSE might now be worth an estimated £398,598.

This is based on house price inflation of 37.5%, between May 2016 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 37.5% inflationary increase is applied to the most recent sale price for 8 MITCHELL CLOSE of £289,950 on 20th May 2016. For the value to have increased from £289,950 to £398,598 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 8 MITCHELL CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The May 2016 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of 8 MITCHELL CLOSE has not materially changed since May 2016.

How Large is 8 MITCHELL CLOSE?

8 MITCHELL CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 MITCHELL CLOSE lies on this distribution: 55% of detached houses houses are smaller than 8 MITCHELL CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Dereham.

8 MITCHELL CLOSE: Plot and Title Map

8 MITCHELL CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 MITCHELL 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 MITCHELL 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 MITCHELL CLOSE?

8 MITCHELL CLOSE is located in DEREHAM, in the NR19 postcode district. The below map shows the position of No. 8 on MITCHELL CLOSE.