8, THE GROVE, DEREHAM, NR19 1BH - £269,950

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 THE GROVE is a very large extended detached house of 151m², built sometime between 1967 and 1975, which could now be worth an estimated £344,260. It was last sold for £269,950 in July 2017, which was around 6% below the average July 2017 detached price in the Breckland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

8 THE GROVE Sold Prices

Land registry data shows three sales for 8 THE GROVE 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 THE GROVE sales was for below the average price, whilst two 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
2017 12 JUL	£269,950	£288,489	6% below HPI
2007 15 OCT	£245,000	£237,756	3% above HPI
1998 11 MAR	£89,000	£75,178	18% above HPI

8 THE GROVE 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 THE GROVE sales between March 1998 and July 2017 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 October 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 THE GROVE be worth now?

8 THE GROVE might now be worth an estimated £344,260.

This is based on house price inflation of 27.5%, between July 2017 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 27.5% inflationary increase is applied to the most recent sale price for 8 THE GROVE of £269,950 on 12th July 2017. For the value to have increased from £269,950 to £344,260 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 THE GROVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2017 sale price of £269,950 represented a fair market value for the property.
• The size, condition, and specification of 8 THE GROVE has not materially changed since July 2017.

How Large is 8 THE GROVE?

8 THE GROVE is 151m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 20% 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 THE GROVE lies on this distribution: 84% of detached houses houses are smaller than 8 THE GROVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Dereham.

8 THE GROVE: Plot and Title Map

8 THE GROVE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 8 THE GROVE, 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 THE GROVE). 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 THE GROVE?

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