8, OAK AVENUE, NORTH ELMHAM, DEREHAM, NR20 5JL - £137,500

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 OAK AVENUE is a very small semi-detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £233,691. It was last sold for £137,500 in January 2007, which was around 4% below the average January 2007 semi-detached price in the Breckland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was A.

8 OAK AVENUE Sold Prices

Land registry data shows four sales for 8 OAK AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. two of the four 8 OAK AVENUE sales were for below the average price, and four 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
2007 19 JAN	£137,500	£143,105	4% below HPI
2003 12 SEP	£115,000	£105,465	9% above HPI
2001 27 JUL	£73,500	£71,328	3% above HPI
2000 25 FEB	£54,950	£58,725	6% below HPI

8 OAK AVENUE 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 four 8 OAK AVENUE sales between February 2000 and January 2007 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 September 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2007 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 8 OAK AVENUE be worth now?

8 OAK AVENUE might now be worth an estimated £233,691.

This is based on house price inflation of 70%, between January 2007 and March 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 70% inflationary increase is applied to the most recent sale price for 8 OAK AVENUE of £137,500 on 19th January 2007. For the value to have increased from £137,500 to £233,691 over the seventeen years and ten months to March 2025, the following assumptions must hold true:

• The value of 8 OAK AVENUE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The January 2007 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 8 OAK AVENUE has not materially changed since January 2007.

How Large is 8 OAK AVENUE?

8 OAK AVENUE is 63m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of semi-detached houses houses in North Elmham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Elmham, and where 8 OAK AVENUE lies on this distribution: 2% of semi-detached houses houses are smaller than 8 OAK AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in North Elmham.

8 OAK AVENUE: Plot and Title Map

8 OAK AVENUE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 8 OAK AVENUE, 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 OAK AVENUE). 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 OAK AVENUE?

8 OAK AVENUE is located in NORTH ELMHAM, in the NR20 postcode district. The below map shows the position of No. 8 on OAK AVENUE.