8, SOKEN DRIVE, GRESSENHALL, DEREHAM, NR20 4DX - £193,000

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 SOKEN DRIVE is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £193,000 in September 2007, which was around 19% below the average September 2007 detached price in the Breckland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was A.

8 SOKEN DRIVE Sold Prices

Land registry data shows two sales for 8 SOKEN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 8 SOKEN DRIVE 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
2007 6 SEP	£193,000	£238,858	19% below HPI
2001 3 APR	£87,000	£106,132	18% below HPI

8 SOKEN 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 two 8 SOKEN DRIVE sales from April 2001 and September 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 April 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2007 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 SOKEN DRIVE be worth now?

8 SOKEN DRIVE might now be worth an estimated £297,269.

This is based on house price inflation of 54%, between September 2007 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 54% inflationary increase is applied to the most recent sale price for 8 SOKEN DRIVE of £193,000 on 6th September 2007. For the value to have increased from £193,000 to £297,269 over the sixteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 SOKEN DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2007 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SOKEN DRIVE has not materially changed since September 2007.

How Large is 8 SOKEN DRIVE?

8 SOKEN DRIVE is 99m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of detached houses houses in Gressenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gressenhall, and where 8 SOKEN DRIVE lies on this distribution: 31% of detached houses houses are smaller than 8 SOKEN DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

8 SOKEN DRIVE: Plot and Title Map

8 SOKEN DRIVE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 8 SOKEN 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 SOKEN 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 SOKEN DRIVE?

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