HOLMSTEAD, WHISSONSETT ROAD, COLKIRK, FAKENHAM, NR21 7NL - £293,000

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

HOLMSTEAD is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £293,000 in September 2019, which was around 2% below the average September 2019 detached price in the Breckland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

HOLMSTEAD Sold Prices

Land registry data shows two sales for HOLMSTEAD 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 HOLMSTEAD 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
2019 6 SEP	£293,000	£299,518	2% below HPI
1999 10 AUG	£78,000	£85,736	9% below HPI

HOLMSTEAD 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 HOLMSTEAD sales from August 1999 and September 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 August 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is HOLMSTEAD?

HOLMSTEAD is 87m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Colkirk, based on EPC data. The below chart shows the distribution of detached houses by size in Colkirk, and where HOLMSTEAD lies on this distribution: 18% of detached houses are smaller than HOLMSTEAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

HOLMSTEAD: Plot and Title Map

HOLMSTEAD sits on a plot of roughly 0.230 of an acre, or 933m². The below map shows the location of HOLMSTEAD, 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 HOLMSTEAD). 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 HOLMSTEAD?

HOLMSTEAD is located on WHISSONSETT ROAD in COLKIRK, in the NR21 postcode district. The below map shows the position of HOLMSTEAD on WHISSONSETT ROAD.