1, FAIRVIEW DRIVE, COLKIRK, FAKENHAM, NR21 7NT - £606,711

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 FAIRVIEW DRIVE is a very large extended detached house of 247m², built sometime between 1967 and 1975, which could now be worth an estimated £602,305. It was last sold for £606,711 in September 2022, which was around 63% above the average September 2022 detached price in the Breckland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

1 FAIRVIEW DRIVE Sold Prices

Land registry data shows three sales for 1 FAIRVIEW DRIVE 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. One of the three 1 FAIRVIEW DRIVE sales was for above the average price, whilst two 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
2022 9 SEP	£606,711	£373,140	63% above HPI
2013 27 SEP	£170,000	£217,515	22% below HPI
1996 15 APR	£49,950	£65,978	24% below HPI

1 FAIRVIEW DRIVE 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 1 FAIRVIEW DRIVE sales between April 1996 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 September 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2022 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 1 FAIRVIEW DRIVE be worth now?

1 FAIRVIEW DRIVE might now be worth an estimated £602,305.

This is based on house price deflation of 0.7%, between September 2022 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 0.7% deflationary decrease is applied to the most recent sale price for 1 FAIRVIEW DRIVE of £606,711 on 9th September 2022. For the value to have decreased from £606,711 to £602,305 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 FAIRVIEW DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2022 sale price of £606,711 represented a fair market value for the property.
• The size, condition, and specification of 1 FAIRVIEW DRIVE has not materially changed since September 2022.

How Large is 1 FAIRVIEW DRIVE?

1 FAIRVIEW DRIVE is 247m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses houses in Colkirk, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colkirk, and where 1 FAIRVIEW DRIVE lies on this distribution: 93% of detached houses houses are smaller than 1 FAIRVIEW DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

1 FAIRVIEW DRIVE: Plot and Title Map

1 FAIRVIEW DRIVE sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of 1 FAIRVIEW DRIVE, 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 1 FAIRVIEW DRIVE). 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 1 FAIRVIEW DRIVE?

1 FAIRVIEW DRIVE is located in COLKIRK, in the NR21 postcode district. The below map shows the position of No. 1 on FAIRVIEW DRIVE.