LITTLE SPINNEY, FAKENHAM VIEW, COLKIRK, FAKENHAM, NR21 7NF - £300,000

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

LITTLE SPINNEY is a small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £300,000 in October 2018, which was around 1% below the average October 2018 detached price in the Breckland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

LITTLE SPINNEY Sold Prices

Land registry data shows two sales for LITTLE SPINNEY 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 LITTLE SPINNEY 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
2018 10 OCT	£300,000	£301,516	1% below HPI
2012 18 MAY	£190,000	£200,383	5% below HPI

LITTLE SPINNEY 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 LITTLE SPINNEY sales from May 2012 and October 2018 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 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is LITTLE SPINNEY?

LITTLE SPINNEY is 95m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 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 LITTLE SPINNEY lies on this distribution: 22% of detached houses are smaller than LITTLE SPINNEY, and 78% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

LITTLE SPINNEY: Plot and Title Map

LITTLE SPINNEY sits on a plot of roughly 0.267 of an acre, or 1,081m². The below map shows the location of LITTLE SPINNEY, 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 LITTLE SPINNEY). 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 LITTLE SPINNEY?

LITTLE SPINNEY is located on FAKENHAM VIEW in COLKIRK, in the NR21 postcode district. The below map shows the position of LITTLE SPINNEY on FAKENHAM VIEW.