11, THE DRIFT, FAKENHAM, NR21 8EE - £490,000

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

11 THE DRIFT is a large extended detached house of 112m², built sometime from 2007 onwards. It was last sold for £490,000 in November 2020, which was around 27% above the average November 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

11 THE DRIFT Sold Prices

Land registry data shows two sales for 11 THE DRIFT 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 11 THE DRIFT sales were for above 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
2020 6 NOV	£490,000	£385,383	27% above HPI
2012 9 MAR	£320,000	£235,375	36% above HPI

11 THE DRIFT 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 11 THE DRIFT sales from March 2012 and November 2020 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 March 2012 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2020 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 11 THE DRIFT?

11 THE DRIFT is 112m², which includes one extension, according to the EPC inspection conducted in November 2011. 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 11 THE DRIFT lies on this distribution: 65% of detached houses are smaller than 11 THE DRIFT, and 35% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

11 THE DRIFT: Plot and Title Map

11 THE DRIFT sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of 11 THE DRIFT, 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 THE DRIFT). 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 THE DRIFT?

11 THE DRIFT is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 11 on THE DRIFT.