FAIRVIEW, TUNS ROAD, NECTON, SWAFFHAM, PE37 8EL - £287,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRVIEW is a very large extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £287,500 in April 2017, which was around 3% above the average April 2017 detached price in the Breckland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

FAIRVIEW Sold Prices

Land registry data shows two sales for FAIRVIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two FAIRVIEW 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
2017 13 APR	£287,500	£278,352	3% above HPI
2003 2 JUL	£230,000	£165,423	39% above HPI

FAIRVIEW 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 two FAIRVIEW sales from July 2003 and April 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 July 2003 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2017 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is FAIRVIEW?

FAIRVIEW is 144m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses in Necton, based on EPC data. The below chart shows the distribution of detached houses by size in Necton, and where FAIRVIEW lies on this distribution: 88% of detached houses are smaller than FAIRVIEW, and 12% of houses are larger. Note that EPC data is not available for all properties in Necton.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.261 of an acre, or 1,057m². The below map shows the location of FAIRVIEW, 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). 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?

FAIRVIEW is located on TUNS ROAD in NECTON, in the PE37 postcode district. The below map shows the position of FAIRVIEW on TUNS ROAD.