GRESHAM HOUSE, DEREHAM ROAD, COLKIRK, FAKENHAM, NR21 7NH - £500,000

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

GRESHAM HOUSE is a very large extended detached house of 260m², built sometime between 1991 and 1995. It was last sold for £500,000 in May 2015, which was around 108% above the average May 2015 detached price in the Breckland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

GRESHAM HOUSE Sold Prices

Land registry data shows two sales for GRESHAM HOUSE 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 GRESHAM HOUSE 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
2015 1 MAY	£500,000	£240,161	108% above HPI
1998 15 SEP	£170,000	£79,160	115% above HPI

GRESHAM HOUSE 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 GRESHAM HOUSE sales from September 1998 and May 2015 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 1998 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the May 2015 sale, where it falls to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is GRESHAM HOUSE?

GRESHAM HOUSE is 260m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in Colkirk, based on EPC data. The below chart shows the distribution of detached houses by size in Colkirk, and where GRESHAM HOUSE lies on this distribution: 99% of detached houses are smaller than GRESHAM HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

GRESHAM HOUSE: Plot and Title Map

GRESHAM HOUSE sits on a plot of roughly 0.546 of an acre, or 2,211m². The below map shows the location of GRESHAM HOUSE, 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 GRESHAM HOUSE). 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 GRESHAM HOUSE?

GRESHAM HOUSE is located on DEREHAM ROAD in COLKIRK, in the NR21 postcode district. The below map shows the position of GRESHAM HOUSE on DEREHAM ROAD.