FAIRVIEW COTTAGE, THE STREET, GREAT HOCKHAM, THETFORD, IP24 1NH - £272,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FAIRVIEW COTTAGE is a large extended semi-detached house of 154m², built sometime before 1900, which could now be worth an estimated £489,896. It was last sold for £272,000 in January 2012, which was around 104% above the average January 2012 semi-detached price in the Breckland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

FAIRVIEW COTTAGE Sold Prices

Land registry data shows three sales for FAIRVIEW COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. All of the three FAIRVIEW COTTAGE sales were for above 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 31 JAN	£272,000	£133,271	104% above HPI
2007 3 AUG	£219,950	£154,277	43% above HPI
1996 12 JAN	£70,000	£39,576	77% above HPI

FAIRVIEW COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The three FAIRVIEW COTTAGE sales between January 1996 and January 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 August 2007 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2012 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might FAIRVIEW COTTAGE be worth now?

FAIRVIEW COTTAGE might now be worth an estimated £489,896.

This is based on house price inflation of 80.1%, between January 2012 and February 2025, for semi-detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80.1% inflationary increase is applied to the most recent sale price for FAIRVIEW COTTAGE of £272,000 on 31st January 2012. For the value to have increased from £272,000 to £489,896 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of FAIRVIEW COTTAGE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The January 2012 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRVIEW COTTAGE has not materially changed since January 2012.

How Large is FAIRVIEW COTTAGE?

FAIRVIEW COTTAGE is 154m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% of semi-detached houses houses in Great Hockham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Hockham, and where FAIRVIEW COTTAGE lies on this distribution: 75% of semi-detached houses houses are smaller than FAIRVIEW COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Great Hockham.

FAIRVIEW COTTAGE: Plot and Title Map

FAIRVIEW COTTAGE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of FAIRVIEW COTTAGE, 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 FAIRVIEW COTTAGE). 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 FAIRVIEW COTTAGE?

FAIRVIEW COTTAGE is located on THE STREET in GREAT HOCKHAM, in the IP24 postcode district. The below map shows the position of FAIRVIEW COTTAGE on THE STREET.