OAKS, STATION ROAD, YAXHAM, DEREHAM, NR19 1RD - £725,000

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.

OAKS is a very large detached house of 269m², which could now be worth an estimated £741,255. It was last sold for £725,000 in May 2022, which was around 100% above the average May 2022 detached price in the Breckland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

OAKS Sold Prices

Land registry data shows two sales for OAKS 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 OAKS 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 5 MAY	£725,000	£362,307	100% above HPI
2019 8 NOV	£550,000	£298,431	84% above HPI

OAKS 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 OAKS sales from November 2019 and May 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 November 2019 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the May 2022 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might OAKS be worth now?

OAKS might now be worth an estimated £741,255.

This is based on house price inflation of 2.2%, between May 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 2.2% inflationary increase is applied to the most recent sale price for OAKS of £725,000 on 5th May 2022. For the value to have increased from £725,000 to £741,255 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of OAKS has moved in line with the HPI for detached houses in the Breckland local authority area.
• The May 2022 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of OAKS has not materially changed since May 2022.

How Large is OAKS?

OAKS is 269m² according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses houses in Yaxham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yaxham, and where OAKS lies on this distribution: 93% of detached houses houses are smaller than OAKS, and 7% of houses are larger. Note that EPC data is not available for all properties in Yaxham.

OAKS: Plot and Title Map

OAKS sits on a plot of roughly 0.290 of an acre, or 1,175m². The below map shows the location of OAKS, 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 OAKS). 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 OAKS?

OAKS is located on STATION ROAD in YAXHAM, in the NR19 postcode district. The below map shows the position of OAKS on STATION ROAD.