15, DRIFTLANDS, FAKENHAM, NR21 8EB - £244,750

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.

15 DRIFTLANDS is a midsized extended detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £290,386. It was last sold for £244,750 in September 2018, which was around 33% below the average September 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

15 DRIFTLANDS Sold Prices

Land registry data shows two sales for 15 DRIFTLANDS 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 15 DRIFTLANDS 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
2018 11 SEP	£244,750	£363,111	33% below HPI
2007 5 MAR	£103,500	£238,095	57% below HPI

15 DRIFTLANDS 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 15 DRIFTLANDS sales from March 2007 and September 2018 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 2007 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the September 2018 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 15 DRIFTLANDS be worth now?

15 DRIFTLANDS might now be worth an estimated £290,386.

This is based on house price inflation of 18.6%, between September 2018 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 18.6% inflationary increase is applied to the most recent sale price for 15 DRIFTLANDS of £244,750 on 11th September 2018. For the value to have increased from £244,750 to £290,386 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 DRIFTLANDS has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2018 sale price of £244,750 represented a fair market value for the property.
• The size, condition, and specification of 15 DRIFTLANDS has not materially changed since September 2018.

How Large is 15 DRIFTLANDS?

15 DRIFTLANDS is 99m², which includes one extension, according to the EPC inspection conducted in March 2018. 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 15 DRIFTLANDS lies on this distribution: 52% of detached houses houses are smaller than 15 DRIFTLANDS, and 47% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

15 DRIFTLANDS: Plot and Title Map

15 DRIFTLANDS sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 15 DRIFTLANDS, 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 15 DRIFTLANDS). 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 15 DRIFTLANDS?

15 DRIFTLANDS is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 15 on DRIFTLANDS.