FAIRFORD, ELY ROAD, HILGAY, DOWNHAM MARKET, PE38 0JN - £260,000

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

FAIRFORD is a large extended detached house of 143m², built sometime between 1900 and 1929. It was last sold for £260,000 in May 2017, which was around 4% below the average May 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was D.

FAIRFORD Sold Prices

Land registry data shows two sales for FAIRFORD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two FAIRFORD 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 4 MAY	£260,000	£271,048	4% below HPI
2013 31 MAY	£187,500	£205,091	9% below HPI

FAIRFORD 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 two FAIRFORD sales from May 2013 and May 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is FAIRFORD?

FAIRFORD is 143m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Hilgay, based on EPC data. The below chart shows the distribution of detached houses by size in Hilgay, and where FAIRFORD lies on this distribution: 74% of detached houses are smaller than FAIRFORD, and 26% of houses are larger. Note that EPC data is not available for all properties in Hilgay.

FAIRFORD: Plot and Title Map

FAIRFORD sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of FAIRFORD, 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 FAIRFORD). 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 FAIRFORD?

FAIRFORD is located on ELY ROAD in HILGAY, in the PE38 postcode district. The below map shows the position of FAIRFORD on ELY ROAD.