GREENWAYS, QUEBEC ROAD, DEREHAM, NR19 2DS - £420,000

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.

GREENWAYS is a very large extended detached house of 171m², built sometime between 1950 and 1966, which could now be worth an estimated £409,681. It was last sold for £420,000 in November 2022, which was around 11% above the average November 2022 detached price in the Breckland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

GREENWAYS Sold Prices

Land registry data shows two sales for GREENWAYS 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 GREENWAYS 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 28 NOV	£420,000	£379,760	11% above HPI
2013 13 JUN	£350,000	£208,329	68% above HPI

GREENWAYS 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 GREENWAYS sales from June 2013 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 June 2013 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the November 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might GREENWAYS be worth now?

GREENWAYS might now be worth an estimated £409,681.

This is based on house price deflation of 2.5%, between November 2022 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 2.5% deflationary decrease is applied to the most recent sale price for GREENWAYS of £420,000 on 28th November 2022. For the value to have decreased from £420,000 to £409,681 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of GREENWAYS has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of GREENWAYS has not materially changed since November 2022.

How Large is GREENWAYS?

GREENWAYS is 171m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% 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 GREENWAYS lies on this distribution: 91% of detached houses houses are smaller than GREENWAYS, and 8% of houses are larger. Note that EPC data is not available for all properties in Dereham.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.337 of an acre, or 1,365m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

GREENWAYS is located on QUEBEC ROAD in DEREHAM, in the NR19 postcode district. The below map shows the position of GREENWAYS on QUEBEC ROAD.