FAIR VIEW, RUSHMEADOW ROAD, SCARNING, DEREHAM, NR19 2NW - £575,000

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

FAIR VIEW is a very large detached house of 143m², which could now be worth an estimated £557,046. It was last sold for £575,000 in November 2022, which was around 51% above the average November 2022 detached price in the Breckland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

FAIR VIEW Sold Prices

Land registry data shows three sales for FAIR VIEW 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. All of the three FAIR VIEW sales 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
2022 14 NOV	£575,000	£379,760	51% above HPI
2020 4 SEP	£430,000	£317,363	35% above HPI
2016 29 FEB	£290,000	£258,222	12% above HPI

FAIR VIEW 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 FAIR VIEW sales between February 2016 and November 2022 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 2020 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2022 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might FAIR VIEW be worth now?

FAIR VIEW might now be worth an estimated £557,046.

This is based on house price deflation of 3.1%, between November 2022 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 3.1% deflationary decrease is applied to the most recent sale price for FAIR VIEW of £575,000 on 14th November 2022. For the value to have decreased from £575,000 to £557,046 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of FAIR VIEW has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of FAIR VIEW has not materially changed since November 2022.

How Large is FAIR VIEW?

FAIR VIEW is 143m² according to the EPC inspection conducted in February 2020. 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 FAIR VIEW lies on this distribution: 80% of detached houses houses are smaller than FAIR VIEW, and 19% of houses are larger. Note that EPC data is not available for all properties in Dereham.

FAIR VIEW: Plot and Title Map

FAIR VIEW sits on a plot of roughly 0.313 of an acre, or 1,267m². The below map shows the location of FAIR VIEW, 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 FAIR VIEW). 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 FAIR VIEW?

FAIR VIEW is located on RUSHMEADOW ROAD in SCARNING, in the NR19 postcode district. The below map shows the position of FAIR VIEW on RUSHMEADOW ROAD.