FERN COTTAGE, DEREHAM ROAD, COLKIRK, FAKENHAM, NR21 7NQ - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FERN COTTAGE is a very small semi-detached house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £307,636. It was last sold for £295,000 in September 2024, which was around 28% above the average September 2024 semi-detached price in the Breckland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

FERN COTTAGE Sold Prices

Land registry data shows two sales for FERN COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. Both of the two FERN 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
2024 20 SEP	£295,000	£230,174	28% above HPI
2012 17 FEB	£185,000	£135,224	37% above HPI

FERN 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 two FERN COTTAGE sales from February 2012 and September 2024 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 February 2012 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2024 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might FERN COTTAGE be worth now?

FERN COTTAGE might now be worth an estimated £307,636.

This is based on house price inflation of 4.3%, between September 2024 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 4.3% inflationary increase is applied to the most recent sale price for FERN COTTAGE of £295,000 on 20th September 2024. For the value to have increased from £295,000 to £307,636 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of FERN COTTAGE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The September 2024 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of FERN COTTAGE has not materially changed since September 2024.

How Large is FERN COTTAGE?

FERN COTTAGE is 85m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of semi-detached houses houses in Colkirk, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colkirk, and where FERN COTTAGE lies on this distribution: 18% of semi-detached houses houses are smaller than FERN COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

FERN COTTAGE: Plot and Title Map

FERN COTTAGE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of FERN 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 FERN 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 FERN COTTAGE?

FERN COTTAGE is located on DEREHAM ROAD in COLKIRK, in the NR21 postcode district. The below map shows the position of FERN COTTAGE on DEREHAM ROAD.