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

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.

FOUR WINDS is a very large extended detached house of 206m², built sometime between 1950 and 1966, which could now be worth an estimated £592,225. It was last sold for £480,000 in October 2019, which was around 59% 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	£302,105	59% above HPI
2016 6 MAY	£310,000	£267,621	16% above HPI
2006 13 JUN	£249,000	£210,416	18% 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2019 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might FOUR WINDS be worth now?

FOUR WINDS might now be worth an estimated £592,225.

This is based on house price inflation of 23.4%, between October 2019 and March 2025, for 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 23.4% inflationary increase is applied to the most recent sale price for FOUR WINDS of £480,000 on 25th October 2019. For the value to have increased from £480,000 to £592,225 over the six years and seven months to March 2025, the following assumptions must hold true:

• The value of FOUR WINDS has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2019 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of FOUR WINDS has not materially changed since October 2019.

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 houses in Foxley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Foxley, and where FOUR WINDS lies on this distribution: 90% of detached houses houses are smaller than FOUR WINDS, and 10% 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.