FAIRFIELD HOUSE, BUNGAY ROAD, PORINGLAND, NORWICH, NR14 7NA - £430,000

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

FAIRFIELD HOUSE is a very large extended detached house of 185m², built sometime between 2003 and 2006. It was last sold for £430,000 in February 2021, which was around 19% above the average February 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

FAIRFIELD HOUSE Sold Prices

Land registry data shows three sales for FAIRFIELD HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Two of the three FAIRFIELD HOUSE sales were for above the average price, whilst one was 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 4 FEB	£430,000	£361,883	19% above HPI
2007 3 MAY	£230,000	£253,004	9% below HPI
2003 23 OCT	£240,000	£199,367	20% above HPI

FAIRFIELD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three FAIRFIELD HOUSE sales between October 2003 and February 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 May 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is FAIRFIELD HOUSE?

FAIRFIELD HOUSE is 185m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where FAIRFIELD HOUSE lies on this distribution: 91% of detached houses are smaller than FAIRFIELD HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Poringland.

FAIRFIELD HOUSE: Plot and Title Map

FAIRFIELD HOUSE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of FAIRFIELD HOUSE, 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 FAIRFIELD HOUSE). 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 FAIRFIELD HOUSE?

FAIRFIELD HOUSE is located on BUNGAY ROAD in PORINGLAND, in the NR14 postcode district. The below map shows the position of FAIRFIELD HOUSE on BUNGAY ROAD.