5, EDINBURGH DRIVE, FAKENHAM, NR21 8JY - £245,000

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.

5 EDINBURGH DRIVE is a midsized extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £329,909. It was last sold for £245,000 in April 2017, which was around 23% below the average April 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

5 EDINBURGH DRIVE Sold Prices

Land registry data shows two sales for 5 EDINBURGH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 5 EDINBURGH 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
2017 3 APR	£245,000	£319,937	23% below HPI
2005 27 MAY	£168,000	£212,500	21% below HPI

5 EDINBURGH 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 two 5 EDINBURGH DRIVE sales from May 2005 and April 2017 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 May 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 5 EDINBURGH DRIVE be worth now?

5 EDINBURGH DRIVE might now be worth an estimated £329,909.

This is based on house price inflation of 34.7%, between April 2017 and February 2025, for 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 34.7% inflationary increase is applied to the most recent sale price for 5 EDINBURGH DRIVE of £245,000 on 3rd April 2017. For the value to have increased from £245,000 to £329,909 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 5 EDINBURGH DRIVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The April 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 EDINBURGH DRIVE has not materially changed since April 2017.

How Large is 5 EDINBURGH DRIVE?

5 EDINBURGH DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 5 EDINBURGH DRIVE lies on this distribution: 41% of detached houses houses are smaller than 5 EDINBURGH DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

5 EDINBURGH DRIVE: Plot and Title Map

5 EDINBURGH DRIVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 5 EDINBURGH 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 5 EDINBURGH 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 5 EDINBURGH DRIVE?

5 EDINBURGH DRIVE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 5 on EDINBURGH DRIVE.