4, FAIRVIEW DRIVE, COLKIRK, FAKENHAM, NR21 7NT - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 FAIRVIEW DRIVE is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £305,000 in March 2021, which was around 6% below the average March 2021 detached price in the Breckland 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.

4 FAIRVIEW DRIVE Sold Prices

Land registry data shows six sales for 4 FAIRVIEW DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the six 4 FAIRVIEW 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
2021 9 MAR	£305,000	£325,840	6% below HPI
2016 18 NOV	£260,000	£280,926	7% below HPI
2014 7 NOV	£165,000	£238,735	31% below HPI
2014 16 JUN	£165,000	£227,704	28% below HPI
2001 31 JAN	£78,500	£105,223	25% below HPI
1999 2 JUL	£50,000	£83,250	40% below HPI

4 FAIRVIEW DRIVE 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 six 4 FAIRVIEW DRIVE sales between July 1999 and March 2021 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 November 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 FAIRVIEW DRIVE?

4 FAIRVIEW DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Colkirk, based on EPC data. The below chart shows the distribution of detached houses by size in Colkirk, and where 4 FAIRVIEW DRIVE lies on this distribution: 24% of detached houses are smaller than 4 FAIRVIEW DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

4 FAIRVIEW DRIVE: Plot and Title Map

4 FAIRVIEW DRIVE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 4 FAIRVIEW 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 4 FAIRVIEW 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 4 FAIRVIEW DRIVE?

4 FAIRVIEW DRIVE is located in COLKIRK, in the NR21 postcode district. The below map shows the position of No. 4 on FAIRVIEW DRIVE.