GAINSBOROUGH HOUSE, MARKET HILL, COLKIRK, FAKENHAM, NR21 7NU - £131,500

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

GAINSBOROUGH HOUSE is a large extended detached house of 194m², built sometime between 1950 and 1966. It was last sold for £131,500 in September 1997, which was around 75% above the average September 1997 detached price in the Breckland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

GAINSBOROUGH HOUSE Sold Prices

Land registry data shows two sales for GAINSBOROUGH HOUSE 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 GAINSBOROUGH HOUSE 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
1997 5 SEP	£131,500	£74,933	75% above HPI
1996 23 DEC	£125,000	£69,933	79% above HPI

GAINSBOROUGH HOUSE 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 GAINSBOROUGH HOUSE sales from December 1996 and September 1997 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 December 1996 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the September 1997 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is GAINSBOROUGH HOUSE?

GAINSBOROUGH HOUSE is 194m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 30% of detached houses in Colkirk, based on EPC data. The below chart shows the distribution of detached houses by size in Colkirk, and where GAINSBOROUGH HOUSE lies on this distribution: 79% of detached houses are smaller than GAINSBOROUGH HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

GAINSBOROUGH HOUSE: Plot and Title Map

GAINSBOROUGH HOUSE sits on a plot of roughly 0.700 of an acre, or 2,832m². The below map shows the location of GAINSBOROUGH HOUSE, 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 GAINSBOROUGH HOUSE). 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 GAINSBOROUGH HOUSE?

GAINSBOROUGH HOUSE is located on MARKET HILL in COLKIRK, in the NR21 postcode district. The below map shows the position of GAINSBOROUGH HOUSE on MARKET HILL.