PARK FARM, DEREHAM ROAD, BAWDESWELL, DEREHAM, NR20 4AA - £638,000

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.

PARK FARM is a very large detached house of 351m², built sometime before 1900, which could now be worth an estimated £789,165. It was last sold for £638,000 in April 2018, which was around 112% above the average April 2018 detached price in the Breckland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was F, and the potential energy rating was C.

PARK FARM Sold Prices

Land registry data shows three sales for PARK FARM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three PARK FARM 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
2018 4 APR	£638,000	£301,340	112% above HPI
2001 9 OCT	£450,000	£126,644	255% above HPI
1999 22 JUN	£212,000	£81,625	160% above HPI

PARK FARM 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 three PARK FARM sales between June 1999 and April 2018 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 October 2001 sale was for 255% above the HPI. So the extrapolation line tracks at 255% above the HPI over time, until the April 2018 sale, where it falls to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might PARK FARM be worth now?

PARK FARM might now be worth an estimated £789,165.

This is based on house price inflation of 23.7%, between April 2018 and March 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 23.7% inflationary increase is applied to the most recent sale price for PARK FARM of £638,000 on 4th April 2018. For the value to have increased from £638,000 to £789,165 over the seven years and one month to March 2025, the following assumptions must hold true:

• The value of PARK FARM has moved in line with the HPI for detached houses in the Breckland local authority area.
• The April 2018 sale price of £638,000 represented a fair market value for the property.
• The size, condition, and specification of PARK FARM has not materially changed since April 2018.

How Large is PARK FARM?

PARK FARM is 351m² according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses houses in Bawdeswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bawdeswell, and where PARK FARM lies on this distribution: More than 99% of detached houses houses are smaller than PARK FARM, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bawdeswell.

PARK FARM: Plot and Title Map

PARK FARM sits on a plot of roughly 2.7 acres, or 10,863m². The below map shows the location of PARK FARM, 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 PARK FARM). 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 PARK FARM?

PARK FARM is located on DEREHAM ROAD in BAWDESWELL, in the NR20 postcode district. The below map shows the position of PARK FARM on DEREHAM ROAD.