NETHERCOTT, THE STREET, HOCKERING, DEREHAM, NR20 3HJ - £285,000

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

NETHERCOTT is a large extended detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £475,850. It was last sold for £285,000 in March 2014, which was around 28% above the average March 2014 detached price in the Breckland local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

NETHERCOTT Sold Prices

Land registry data shows five sales for NETHERCOTT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Most of the five NETHERCOTT 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
2014 21 MAR	£285,000	£221,861	28% above HPI
2006 4 JUL	£194,000	£212,589	9% below HPI
2004 5 JUL	£180,000	£193,686	7% below HPI
2000 15 DEC	£110,000	£109,014	1% above HPI
1999 16 SEP	£81,500	£90,711	10% below HPI

NETHERCOTT 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 five NETHERCOTT sales between September 1999 and March 2014 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 July 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2014 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might NETHERCOTT be worth now?

NETHERCOTT might now be worth an estimated £475,850.

This is based on house price inflation of 67%, between March 2014 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 67% inflationary increase is applied to the most recent sale price for NETHERCOTT of £285,000 on 21st March 2014. For the value to have increased from £285,000 to £475,850 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of NETHERCOTT has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of NETHERCOTT has not materially changed since March 2014.

How Large is NETHERCOTT?

NETHERCOTT is 128m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 40% of detached houses houses in Hockering, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hockering, and where NETHERCOTT lies on this distribution: 64% of detached houses houses are smaller than NETHERCOTT, and 35% of houses are larger. Note that EPC data is not available for all properties in Hockering.

NETHERCOTT: Plot and Title Map

NETHERCOTT sits on a plot of roughly 0.194 of an acre, or 787m². The below map shows the location of NETHERCOTT, 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 NETHERCOTT). 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 NETHERCOTT?

NETHERCOTT is located on THE STREET in HOCKERING, in the NR20 postcode district. The below map shows the position of NETHERCOTT on THE STREET.