36, DRIFTLANDS, FAKENHAM, NR21 8EB - £228,000

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.

36 DRIFTLANDS is a midsized extended semi-detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £278,988. It was last sold for £228,000 in August 2020, which was around 2% below the average August 2020 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

36 DRIFTLANDS Sold Prices

Land registry data shows three sales for 36 DRIFTLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Two of the three 36 DRIFTLANDS sales were for below the average price, whilst one was for above 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 14 AUG	£228,000	£232,559	2% below HPI
2017 20 JAN	£175,000	£203,518	14% below HPI
1996 27 SEP	£53,000	£43,646	21% above HPI

36 DRIFTLANDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 36 DRIFTLANDS sales between September 1996 and August 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 January 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 36 DRIFTLANDS be worth now?

36 DRIFTLANDS might now be worth an estimated £278,988.

This is based on house price inflation of 22.4%, between August 2020 and February 2025, for semi-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 22.4% inflationary increase is applied to the most recent sale price for 36 DRIFTLANDS of £228,000 on 14th August 2020. For the value to have increased from £228,000 to £278,988 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 36 DRIFTLANDS has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The August 2020 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 36 DRIFTLANDS has not materially changed since August 2020.

How Large is 36 DRIFTLANDS?

36 DRIFTLANDS is 105m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of semi-detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fakenham, and where 36 DRIFTLANDS lies on this distribution: 57% of semi-detached houses houses are smaller than 36 DRIFTLANDS, and 42% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

36 DRIFTLANDS: Plot and Title Map

36 DRIFTLANDS sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 36 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 36 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 36 DRIFTLANDS?

36 DRIFTLANDS is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 36 on DRIFTLANDS.