1, NEWMAN DRIVE, FAKENHAM, NR21 8AN - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NEWMAN DRIVE is a large detached house of 112m², built sometime between 2003 and 2006. It was last sold for £250,000 in November 2016, which was around 19% below the average November 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was C.

1 NEWMAN DRIVE Sold Prices

Land registry data shows two sales for 1 NEWMAN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 1 NEWMAN DRIVE 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
2016 29 NOV	£250,000	£309,009	19% below HPI
2007 13 JUL	£205,000	£244,032	16% below HPI

1 NEWMAN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 1 NEWMAN DRIVE sales from July 2007 and November 2016 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 July 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 NEWMAN DRIVE?

1 NEWMAN DRIVE is 112m² according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 1 NEWMAN DRIVE lies on this distribution: 66% of detached houses are smaller than 1 NEWMAN DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

1 NEWMAN DRIVE: Plot and Title Map

1 NEWMAN DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1 NEWMAN 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 NEWMAN 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 NEWMAN DRIVE?

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