STABLE BARN, EASTGATE STREET, NORTH ELMHAM, DEREHAM, NR20 5HF - £680,000

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

STABLE BARN is a very large detached house of 189m², built sometime between 2003 and 2006. It was last sold for £680,000 in September 2022, which was around 84% above the average September 2022 detached price in the Breckland local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was D.

STABLE BARN Sold Prices

Land registry data shows three sales for STABLE BARN 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. Two of the three STABLE BARN sales were for above the average price, whilst one was 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
2022 20 SEP	£680,000	£370,257	84% above HPI
2020 17 AUG	£425,000	£312,186	36% above HPI
2016 23 MAY	£158,000	£265,554	41% below HPI

STABLE BARN 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 STABLE BARN sales between May 2016 and September 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 August 2020 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2022 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is STABLE BARN?

STABLE BARN is 189m² according to the EPC inspection conducted in February 2021. This puts it in the largest 20% 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 STABLE BARN lies on this distribution: 88% of detached houses are smaller than STABLE BARN, and 12% of houses are larger. Note that EPC data is not available for all properties in North Elmham.

STABLE BARN: Plot and Title Map

STABLE BARN sits on a plot of roughly 0.366 of an acre, or 1,480m². The below map shows the location of STABLE BARN, 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 STABLE BARN). 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 STABLE BARN?

STABLE BARN is located on EASTGATE STREET in NORTH ELMHAM, in the NR20 postcode district. The below map shows the position of STABLE BARN on EASTGATE STREET.