FAIRBOURNE, THE COMMON, LYNG, NORWICH, NR9 5RP - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

FAIRBOURNE is a midsized extended detached house of 95m², built sometime between 1976 and 1982. It was last sold for £175,000 in May 2012, which was around 13% below the average May 2012 detached price in the Breckland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

FAIRBOURNE Sold Prices

Land registry data shows seven sales for FAIRBOURNE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the seven FAIRBOURNE 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
2012 25 MAY	£175,000	£200,383	13% below HPI
2009 30 DEC	£144,000	£198,842	28% below HPI
2006 17 FEB	£154,000	£200,287	23% below HPI
2002 30 AUG	£97,500	£142,428	32% below HPI
1999 5 NOV	£53,500	£93,566	43% below HPI
1997 22 DEC	£50,000	£74,847	33% below HPI
1996 9 OCT	£50,000	£68,865	27% below HPI

FAIRBOURNE 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 seven FAIRBOURNE sales between October 1996 and May 2012 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 December 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2012 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is FAIRBOURNE?

FAIRBOURNE is 95m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where FAIRBOURNE lies on this distribution: 46% of detached houses are smaller than FAIRBOURNE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lyng.

FAIRBOURNE: Plot and Title Map

FAIRBOURNE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of FAIRBOURNE, 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 FAIRBOURNE). 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 FAIRBOURNE?

FAIRBOURNE is located on THE COMMON in LYNG, in the NR9 postcode district. The below map shows the position of FAIRBOURNE on THE COMMON.