8, FAIRVIEW DRIVE, COLKIRK, FAKENHAM, NR21 7NT - £160,000

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

8 FAIRVIEW DRIVE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £160,000 in April 2005, which was around 20% below the average April 2005 detached price in the Breckland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

8 FAIRVIEW DRIVE Sold Prices

Land registry data shows two sales for 8 FAIRVIEW 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 Breckland local authority area for the corresponding sale date. Both of the two 8 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
2005 28 APR	£160,000	£199,188	20% below HPI
1999 28 MAY	£45,000	£80,241	44% below HPI

8 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 two 8 FAIRVIEW DRIVE sales from May 1999 and April 2005 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 1999 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2005 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 FAIRVIEW DRIVE?

8 FAIRVIEW DRIVE is 69m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses in Colkirk, based on EPC data. The below chart shows the distribution of detached houses by size in Colkirk, and where 8 FAIRVIEW DRIVE lies on this distribution: 7% of detached houses are smaller than 8 FAIRVIEW DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

8 FAIRVIEW DRIVE: Plot and Title Map

8 FAIRVIEW DRIVE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 8 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 8 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 8 FAIRVIEW DRIVE?

8 FAIRVIEW DRIVE is located in COLKIRK, in the NR21 postcode district. The below map shows the position of No. 8 on FAIRVIEW DRIVE.