5, FAIRFIELD WAY, FELTWELL, THETFORD, IP26 4AT - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 FAIRFIELD WAY is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £221,579. It was last sold for £165,000 in March 2017, which was around 41% below the average March 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was C.

5 FAIRFIELD WAY Sold Prices

Land registry data shows three sales for 5 FAIRFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 5 FAIRFIELD WAY 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 20 MAR	£165,000	£278,587	41% below HPI
2010 26 FEB	£117,500	£213,945	45% below HPI
2002 30 DEC	£90,000	£149,158	40% below HPI

5 FAIRFIELD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The three 5 FAIRFIELD WAY sales between December 2002 and March 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 February 2010 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2017 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 5 FAIRFIELD WAY be worth now?

5 FAIRFIELD WAY might now be worth an estimated £221,579.

This is based on house price inflation of 34.3%, between March 2017 and December 2024, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.3% inflationary increase is applied to the most recent sale price for 5 FAIRFIELD WAY of £165,000 on 20th March 2017. For the value to have increased from £165,000 to £221,579 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 5 FAIRFIELD WAY has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2017 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FAIRFIELD WAY has not materially changed since March 2017.

How Large is 5 FAIRFIELD WAY?

5 FAIRFIELD WAY is 56m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses houses in Feltwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Feltwell, and where 5 FAIRFIELD WAY lies on this distribution: 1% of detached houses houses are smaller than 5 FAIRFIELD WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Feltwell.

5 FAIRFIELD WAY: Plot and Title Map

5 FAIRFIELD WAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 5 FAIRFIELD WAY, 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 FAIRFIELD WAY). 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 FAIRFIELD WAY?

5 FAIRFIELD WAY is located in FELTWELL, in the IP26 postcode district. The below map shows the position of No. 5 on FAIRFIELD WAY.