19, NEWMAN DRIVE, FAKENHAM, NR21 8AN - £345,000

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

19 NEWMAN DRIVE is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £345,000 in May 2023, which was around 20% below the average May 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

19 NEWMAN DRIVE Sold Prices

Land registry data shows three sales for 19 NEWMAN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 19 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
2023 25 MAY	£345,000	£433,589	20% below HPI
2016 23 MAR	£235,000	£299,942	22% below HPI
2005 14 NOV	£199,950	£216,670	8% below HPI

19 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 three 19 NEWMAN DRIVE sales between November 2005 and May 2023 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 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 19 NEWMAN DRIVE?

19 NEWMAN DRIVE is 64m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 19 NEWMAN DRIVE lies on this distribution: 6% of detached houses are smaller than 19 NEWMAN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

19 NEWMAN DRIVE: Plot and Title Map

19 NEWMAN DRIVE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 19 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 19 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 19 NEWMAN DRIVE?

19 NEWMAN DRIVE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 19 on NEWMAN DRIVE.