4, NEWMAN DRIVE, FAKENHAM, NR21 8AN - £305,000

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

4 NEWMAN DRIVE is a midsized detached house of 97m², built sometime between 1996 and 2002. It was last sold for £305,000 in September 2021, which was around 18% below the average September 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

4 NEWMAN DRIVE Sold Prices

Land registry data shows three sales for 4 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 4 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
2021 30 SEP	£305,000	£369,836	18% below HPI
2012 27 SEP	£205,000	£231,019	11% below HPI
2003 31 OCT	£165,000	£186,787	12% below HPI

4 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 4 NEWMAN DRIVE sales between October 2003 and September 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 September 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 NEWMAN DRIVE?

4 NEWMAN DRIVE is 97m² according to the EPC inspection conducted in April 2021. This puts it in the largest 50% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 4 NEWMAN DRIVE lies on this distribution: 49% of detached houses are smaller than 4 NEWMAN DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

4 NEWMAN DRIVE: Plot and Title Map

4 NEWMAN DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 4 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 4 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 4 NEWMAN DRIVE?

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