12, NEWMAN DRIVE, FAKENHAM, NR21 8AN - £272,000

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

12 NEWMAN DRIVE is a midsized detached house of 99m², built sometime between 2003 and 2006. It was last sold for £272,000 in September 2019, which was around 23% below the average September 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

12 NEWMAN DRIVE Sold Prices

Land registry data shows five sales for 12 NEWMAN DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 12 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
2019 5 SEP	£272,000	£350,999	23% below HPI
2016 17 FEB	£225,000	£294,213	24% below HPI
2011 6 SEP	£206,000	£241,865	15% below HPI
2006 27 SEP	£203,000	£234,191	13% below HPI
2005 16 DEC	£180,000	£219,365	18% below HPI

12 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 five 12 NEWMAN DRIVE sales between December 2005 and September 2019 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 February 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 12 NEWMAN DRIVE?

12 NEWMAN DRIVE is 99m² according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 12 NEWMAN DRIVE lies on this distribution: 52% of detached houses are smaller than 12 NEWMAN DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

12 NEWMAN DRIVE: Plot and Title Map

12 NEWMAN DRIVE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 12 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 12 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 12 NEWMAN DRIVE?

12 NEWMAN DRIVE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 12 on NEWMAN DRIVE.