REDGATE, GREAT HEATH ROAD, NORTH ELMHAM, DEREHAM, NR20 5EY - £365,000

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

REDGATE is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £365,000 in January 2021, which was around 14% above the average January 2021 detached price in the Breckland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

REDGATE Sold Prices

Land registry data shows five sales for REDGATE 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. All of the five REDGATE 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
2021 26 JAN	£365,000	£318,901	14% above HPI
2008 1 DEC	£230,000	£211,419	9% above HPI
2003 1 APR	£185,000	£162,625	14% above HPI
1998 26 JUN	£81,500	£77,456	5% above HPI
1996 29 JUL	£77,500	£64,075	21% above HPI

REDGATE 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 REDGATE sales between July 1996 and January 2021 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 December 2008 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is REDGATE?

REDGATE is 89m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses in North Elmham, based on EPC data. The below chart shows the distribution of detached houses by size in North Elmham, and where REDGATE lies on this distribution: 27% of detached houses are smaller than REDGATE, and 73% of houses are larger. Note that EPC data is not available for all properties in North Elmham.

REDGATE: Plot and Title Map

REDGATE sits on a plot of roughly 0.236 of an acre, or 955m². The below map shows the location of REDGATE, 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 REDGATE). 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 REDGATE?

REDGATE is located on GREAT HEATH ROAD in NORTH ELMHAM, in the NR20 postcode district. The below map shows the position of REDGATE on GREAT HEATH ROAD.