FOUR WINDS, OLD FAKENHAM ROAD, FOXLEY, DEREHAM, NR20 4QL - £480,000

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

FOUR WINDS is a very large extended detached house of 206m², built sometime between 1950 and 1966. It was last sold for £480,000 in October 2019, which was around 60% above the average October 2019 detached price in the Breckland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

FOUR WINDS Sold Prices

Land registry data shows three sales for FOUR WINDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three FOUR WINDS 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
2019 25 OCT	£480,000	£299,772	60% above HPI
2016 6 MAY	£310,000	£265,554	17% above HPI
2006 13 JUN	£249,000	£208,791	19% above HPI

FOUR WINDS 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 three FOUR WINDS sales between June 2006 and October 2019 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 2016 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2019 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is FOUR WINDS?

FOUR WINDS is 206m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Foxley, based on EPC data. The below chart shows the distribution of detached houses by size in Foxley, and where FOUR WINDS lies on this distribution: 89% of detached houses are smaller than FOUR WINDS, and 11% of houses are larger. Note that EPC data is not available for all properties in Foxley.

FOUR WINDS: Plot and Title Map

FOUR WINDS sits on a plot of roughly 0.241 of an acre, or 976m². The below map shows the location of FOUR WINDS, 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 FOUR WINDS). 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 FOUR WINDS?

FOUR WINDS is located on OLD FAKENHAM ROAD in FOXLEY, in the NR20 postcode district. The below map shows the position of FOUR WINDS on OLD FAKENHAM ROAD.