FAIRHOLME, WALCOTT ROAD, BACTON, NORWICH, NR12 0LR - £221,000

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

FAIRHOLME is a large extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £221,000 in July 2009, which was around 1% below the average July 2009 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

FAIRHOLME Sold Prices

Land registry data shows two sales for FAIRHOLME since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two FAIRHOLME 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
2009 23 JUL	£221,000	£222,195	1% below HPI
1997 29 MAY	£61,500	£71,622	14% below HPI

FAIRHOLME Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two FAIRHOLME sales from May 1997 and July 2009 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 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2009 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is FAIRHOLME?

FAIRHOLME is 98m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses in Keswick, based on EPC data. The below chart shows the distribution of detached houses by size in Keswick, and where FAIRHOLME lies on this distribution: 74% of detached houses are smaller than FAIRHOLME, and 26% of houses are larger. Note that EPC data is not available for all properties in Keswick.

FAIRHOLME: Plot and Title Map

FAIRHOLME sits on a plot of roughly 0.320 of an acre, or 1,296m². The below map shows the location of FAIRHOLME, 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 FAIRHOLME). 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 FAIRHOLME?

FAIRHOLME is located on WALCOTT ROAD in BACTON, in the NR12 postcode district. The below map shows the position of FAIRHOLME on WALCOTT ROAD.