18, CONFERENCE WAY, COLKIRK, FAKENHAM, NR21 7JJ - £315,000

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

18 CONFERENCE WAY is a midsized detached house of 127m², built sometime between 1976 and 1982. It was last sold for £315,000 in November 2020, which was about the average November 2020 detached price in the Breckland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

18 CONFERENCE WAY Sold Prices

Land registry data shows two sales for 18 CONFERENCE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. One of the two 18 CONFERENCE WAY sales was roughly equal to the average price, whilst the other was 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 27 NOV	£315,000	£314,994	Close to HPI
2014 29 SEP	£205,000	£235,653	13% below HPI

18 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 two 18 CONFERENCE WAY sales from September 2014 and November 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 September 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 18 CONFERENCE WAY?

18 CONFERENCE WAY is 127m² according to the EPC inspection conducted in February 2015. This puts it in the largest 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 18 CONFERENCE WAY lies on this distribution: 58% of detached houses are smaller than 18 CONFERENCE WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

18 CONFERENCE WAY: Plot and Title Map

18 CONFERENCE WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 18 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 18 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 18 CONFERENCE WAY?

18 CONFERENCE WAY is located in COLKIRK, in the NR21 postcode district. The below map shows the position of No. 18 on CONFERENCE WAY.