20, FAIRVIEW CLOSE, DRAYTON, NORWICH, NR8 6RT - £245,000

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

20 FAIRVIEW CLOSE is a midsized extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £245,000 in February 2014, which was around 3% below the average February 2014 detached price in the Broadland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

20 FAIRVIEW CLOSE Sold Prices

Land registry data shows three sales for 20 FAIRVIEW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 20 FAIRVIEW CLOSE 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
2014 21 FEB	£245,000	£252,023	3% below HPI
2006 3 APR	£210,000	£223,437	6% below HPI
2004 20 FEB	£188,450	£194,599	3% below HPI

20 FAIRVIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 20 FAIRVIEW CLOSE sales between February 2004 and February 2014 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 April 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 20 FAIRVIEW CLOSE?

20 FAIRVIEW CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 20 FAIRVIEW CLOSE lies on this distribution: 42% of detached houses are smaller than 20 FAIRVIEW CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Drayton.

20 FAIRVIEW CLOSE: Plot and Title Map

20 FAIRVIEW CLOSE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 20 FAIRVIEW CLOSE, 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 20 FAIRVIEW CLOSE). 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 20 FAIRVIEW CLOSE?

20 FAIRVIEW CLOSE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 20 on FAIRVIEW CLOSE.