FIELD BANK, GATELEY ROAD, BRISLEY, DEREHAM, NR20 5LR - £290,000

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.

FIELD BANK is a very small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £367,608. It was last sold for £290,000 in June 2020, which was around 1% below the average June 2020 detached price in the Breckland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

FIELD BANK Sold Prices

Land registry data shows four sales for FIELD BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four FIELD BANK 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
2020 29 JUN	£290,000	£292,226	1% below HPI
2013 1 NOV	£162,080	£217,144	25% below HPI
2000 8 DEC	£90,000	£109,014	17% below HPI
1997 16 DEC	£65,000	£75,430	14% below HPI

FIELD BANK 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 four FIELD BANK sales between December 1997 and June 2020 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 November 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might FIELD BANK be worth now?

FIELD BANK might now be worth an estimated £367,608.

This is based on house price inflation of 26.8%, between June 2020 and February 2025, 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 26.8% inflationary increase is applied to the most recent sale price for FIELD BANK of £290,000 on 29th June 2020. For the value to have increased from £290,000 to £367,608 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of FIELD BANK has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of FIELD BANK has not materially changed since June 2020.

How Large is FIELD BANK?

FIELD BANK is 90m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses houses in Brisley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brisley, and where FIELD BANK lies on this distribution: 9% of detached houses houses are smaller than FIELD BANK, and 91% of houses are larger. Note that EPC data is not available for all properties in Brisley.

FIELD BANK: Plot and Title Map

FIELD BANK sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of FIELD BANK, 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 FIELD BANK). 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 FIELD BANK?

FIELD BANK is located on GATELEY ROAD in BRISLEY, in the NR20 postcode district. The below map shows the position of FIELD BANK on GATELEY ROAD.