16, CONFERENCE WAY, COLKIRK, FAKENHAM, NR21 7JJ - £210,000

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.

16 CONFERENCE WAY is a midsized detached house of 116m², built sometime between 1976 and 1982, which could now be worth an estimated £300,197. It was last sold for £210,000 in January 2016, which was around 19% below the average January 2016 detached price in the Breckland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

16 CONFERENCE WAY Sold Prices

Land registry data shows four sales for 16 CONFERENCE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 16 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
2016 29 JAN	£210,000	£259,131	19% below HPI
2013 22 MAR	£100,000	£205,976	51% below HPI
2007 29 AUG	£220,000	£235,402	7% below HPI
1996 24 SEP	£60,000	£67,161	11% below HPI

16 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 four 16 CONFERENCE WAY sales between September 1996 and January 2016 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 2013 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the January 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 16 CONFERENCE WAY be worth now?

16 CONFERENCE WAY might now be worth an estimated £300,197.

This is based on house price inflation of 43%, between January 2016 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43% inflationary increase is applied to the most recent sale price for 16 CONFERENCE WAY of £210,000 on 29th January 2016. For the value to have increased from £210,000 to £300,197 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 CONFERENCE WAY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2016 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CONFERENCE WAY has not materially changed since January 2016.

How Large is 16 CONFERENCE WAY?

16 CONFERENCE WAY is 116m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses houses in Colkirk, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colkirk, and where 16 CONFERENCE WAY lies on this distribution: 41% of detached houses houses are smaller than 16 CONFERENCE WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

16 CONFERENCE WAY: Plot and Title Map

16 CONFERENCE WAY sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 16 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 16 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 16 CONFERENCE WAY?

16 CONFERENCE WAY is located in COLKIRK, in the NR21 postcode district. The below map shows the position of No. 16 on CONFERENCE WAY.