THE NEST, SCHOOL ROAD, BRISLEY, DEREHAM, NR20 5LH - £215,000

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.

THE NEST is a very small extended detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £307,488. It was last sold for £215,000 in November 2015, which was around 17% below the average November 2015 detached price in the Breckland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was C.

THE NEST Sold Prices

Land registry data shows two sales for THE NEST 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 THE NEST 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
2015 20 NOV	£215,000	£259,010	17% below HPI
1999 1 NOV	£45,000	£94,295	52% below HPI

THE NEST 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 THE NEST sales from November 1999 and November 2015 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 1999 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2015 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might THE NEST be worth now?

THE NEST might now be worth an estimated £307,488.

This is based on house price inflation of 43%, between November 2015 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 43% inflationary increase is applied to the most recent sale price for THE NEST of £215,000 on 20th November 2015. For the value to have increased from £215,000 to £307,488 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of THE NEST has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of THE NEST has not materially changed since November 2015.

How Large is THE NEST?

THE NEST is 93m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Brisley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brisley, and where THE NEST lies on this distribution: 14% of detached houses houses are smaller than THE NEST, and 86% of houses are larger. Note that EPC data is not available for all properties in Brisley.

THE NEST: Plot and Title Map

THE NEST sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of THE NEST, 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 THE NEST). 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 THE NEST?

THE NEST is located on SCHOOL ROAD in BRISLEY, in the NR20 postcode district. The below map shows the position of THE NEST on SCHOOL ROAD.