12, CONFERENCE WAY, COLKIRK, FAKENHAM, NR21 7JJ - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 CONFERENCE WAY is a midsized detached house of 117m², built sometime between 1976 and 1982. It was last sold for £280,000 in December 2017, which was around 7% below the average December 2017 detached price in the Breckland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

12 CONFERENCE WAY Sold Prices

Land registry data shows three sales for 12 CONFERENCE WAY 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 12 CONFERENCE WAY 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
2017 15 DEC	£280,000	£300,154	7% below HPI
2012 23 MAY	£187,500	£200,383	6% below HPI
2003 1 AUG	£159,950	£168,849	5% below HPI

12 CONFERENCE WAY 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 12 CONFERENCE WAY sales between August 2003 and December 2017 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 May 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 12 CONFERENCE WAY?

12 CONFERENCE WAY is 117m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 50% of detached houses in Colkirk, based on EPC data. The below chart shows the distribution of detached houses by size in Colkirk, and where 12 CONFERENCE WAY lies on this distribution: 46% of detached houses are smaller than 12 CONFERENCE WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

12 CONFERENCE WAY: Plot and Title Map

12 CONFERENCE WAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 12 CONFERENCE WAY, 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 12 CONFERENCE WAY). 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 12 CONFERENCE WAY?

12 CONFERENCE WAY is located in COLKIRK, in the NR21 postcode district. The below map shows the position of No. 12 on CONFERENCE WAY.