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According to the public record, 17, Park Lane, Dereham is a mid-century freehold house with 1,743 ft2 of internal area and sits on a 494 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Park Lane, Dereham is £361,541 and the estimated rental value is £1,204 per month.
Park Lane, Scarning, Dereham, NR19 is located in the borough of Breckland within the NR19 postal district.
17, Park Lane, Dereham has 31 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 17, Park Lane, Dereham is in very good condition we estimate a sale value of £379,618 and a rental value of £1,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,233 and a rental value of £1,120 per month.
Over the last 12 months the sale value of 17 Park Lane Dereham has decreased by an estimated £12,862 (3.6%) and its rental value has increased by an estimated £22 per month (1.8%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 17, Park Lane, Dereham sits on a plot of 494m2.
We have plot size data on 14 out of 19 other houses in the postcode and 17, Park Lane, Dereham sits on the 9th largest plot.
17, Park Lane, Dereham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 17, Park Lane, Dereham was last sold on 30th July 2020 for £289,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2020, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Park Lane, Dereham within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 1, Park Lane, Dereham, NR19 2LD, a freehold house which sold for £435,000 on the 19th May 2022.
Read more about house prices in NR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Scarning, Dereham, NR19 has a total of 20 addresses. According to our analysis of all the public data, 17, Park Lane, Dereham is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in NR19.
The closest station to 17, Park Lane, Dereham is Wymondham station which is 19.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Park Lane, Dereham, 53.5% of property is privately owned outright and 25.0% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 17, Park Lane, Dereham, 15.4% of residents are recorded as possessing school level qualifications and 20.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 17, Park Lane, Dereham, the average age was 46.3 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 17, Park Lane, Dereham, 1.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 17, Park Lane, Dereham, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.