FAIRVIEW, WALCOTT ROAD, BACTON, NORWICH, NR12 0EX - £400,000

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 midsized detached house of 104m². It was last sold for £400,000 in September 2023, which was around 8% below the average September 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

FAIRVIEW Sold Prices

Land registry data shows four sales for FAIRVIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four FAIRVIEW 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
2023 28 SEP	£400,000	£435,144	8% below HPI
2011 10 NOV	£197,950	£239,111	17% below HPI
2008 21 JAN	£167,000	£260,212	36% below HPI
2001 25 OCT	£100,000	£128,152	22% below HPI

FAIRVIEW 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 four FAIRVIEW sales between October 2001 and September 2023 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 November 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is FAIRVIEW?

FAIRVIEW is 104m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where FAIRVIEW lies on this distribution: 46% of detached houses are smaller than FAIRVIEW, and 54% of houses are larger. Note that EPC data is not available for all properties in Bacton.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.111 of an acre, or 451m². 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 WALCOTT ROAD in BACTON, in the NR12 postcode district. The below map shows the position of FAIRVIEW on WALCOTT ROAD.