14, NEWMAN DRIVE, FAKENHAM, NR21 8AN - £260,000

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.

14 NEWMAN DRIVE is a midsized detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £329,547. It was last sold for £260,000 in June 2020, which was around 24% below the average June 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

14 NEWMAN DRIVE Sold Prices

Land registry data shows two sales for 14 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 14 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
2020 10 JUN	£260,000	£339,898	24% below HPI
2005 20 JAN	£215,000	£217,707	1% below HPI

14 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 14 NEWMAN DRIVE sales from January 2005 and June 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 January 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 14 NEWMAN DRIVE be worth now?

14 NEWMAN DRIVE might now be worth an estimated £329,547.

This is based on house price inflation of 26.7%, between June 2020 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.7% inflationary increase is applied to the most recent sale price for 14 NEWMAN DRIVE of £260,000 on 10th June 2020. For the value to have increased from £260,000 to £329,547 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 14 NEWMAN DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 14 NEWMAN DRIVE has not materially changed since June 2020.

How Large is 14 NEWMAN DRIVE?

14 NEWMAN DRIVE is 98m² according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 14 NEWMAN DRIVE lies on this distribution: 50% of detached houses houses are smaller than 14 NEWMAN DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

14 NEWMAN DRIVE: Plot and Title Map

14 NEWMAN DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 14 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 14 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 14 NEWMAN DRIVE?

14 NEWMAN DRIVE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 14 on NEWMAN DRIVE.