11, FAIRVIEW DRIVE, COLKIRK, FAKENHAM, NR21 7NT - £280,000

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.

11 FAIRVIEW DRIVE is a very small detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £286,491. It was last sold for £280,000 in February 2022, which was around 23% below the average February 2022 detached price in the Breckland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

11 FAIRVIEW DRIVE Sold Prices

Land registry data shows three sales for 11 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. All of the three 11 FAIRVIEW 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
2022 10 FEB	£280,000	£362,037	23% below HPI
2010 9 APR	£147,000	£215,834	32% below HPI
1996 19 APR	£49,950	£65,978	24% below HPI

11 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 11 FAIRVIEW DRIVE sales between April 1996 and February 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 April 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 11 FAIRVIEW DRIVE be worth now?

11 FAIRVIEW DRIVE might now be worth an estimated £286,491.

This is based on house price inflation of 2.3%, between February 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 2.3% inflationary increase is applied to the most recent sale price for 11 FAIRVIEW DRIVE of £280,000 on 10th February 2022. For the value to have increased from £280,000 to £286,491 over the three years to February 2025, the following assumptions must hold true:

• The value of 11 FAIRVIEW DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FAIRVIEW DRIVE has not materially changed since February 2022.

How Large is 11 FAIRVIEW DRIVE?

11 FAIRVIEW DRIVE is 68m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 11 FAIRVIEW DRIVE lies on this distribution: 5% of detached houses houses are smaller than 11 FAIRVIEW DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

11 FAIRVIEW DRIVE: Plot and Title Map

11 FAIRVIEW DRIVE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 11 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 11 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 11 FAIRVIEW DRIVE?

11 FAIRVIEW DRIVE is located in COLKIRK, in the NR21 postcode district. The below map shows the position of No. 11 on FAIRVIEW DRIVE.