BENSON, BRIDGE STREET, GRESSENHALL, DEREHAM, NR20 4DS - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BENSON is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £290,000 in January 2024, which was around 20% below the average January 2024 detached price in the Breckland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

BENSON Sold Prices

Land registry data shows two sales for BENSON 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. One of the two BENSON sales was for below the average price, whilst the other was 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
2024 12 JAN	£290,000	£361,413	20% below HPI
1999 12 MAY	£83,000	£80,241	3% above HPI

BENSON 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 BENSON sales from May 1999 and January 2024 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 May 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is BENSON?

BENSON is 83m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Gressenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Gressenhall, and where BENSON lies on this distribution: 18% of detached houses are smaller than BENSON, and 82% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

BENSON: Plot and Title Map

BENSON sits on a plot of roughly 0.284 of an acre, or 1,149m². The below map shows the location of BENSON, 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 BENSON). 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 BENSON?

BENSON is located on BRIDGE STREET in GRESSENHALL, in the NR20 postcode district. The below map shows the position of BENSON on BRIDGE STREET.