71, FAKENHAM ROAD, DRAYTON, NORWICH, NR8 6PX - £390,000

71 FAKENHAM ROAD is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £390,000 in October 2019, which was around 15% above the average October 2019 detached price in the Broadland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

71 FAKENHAM ROAD Sold Prices

Land registry data shows three sales for 71 FAKENHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. One of the three 71 FAKENHAM ROAD sales was for above the average price, whilst two 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 25 OCT	£390,000	£339,701	15% above HPI
2018 13 JUL	£250,000	£330,862	24% below HPI
2010 6 DEC	£200,000	£232,568	14% below HPI

71 FAKENHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 71 FAKENHAM ROAD sales between December 2010 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 July 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 71 FAKENHAM ROAD?

71 FAKENHAM ROAD is 70m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 71 FAKENHAM ROAD lies on this distribution: 3% of detached houses are smaller than 71 FAKENHAM ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Drayton.

71 FAKENHAM ROAD: Plot and Title Map

71 FAKENHAM ROAD sits on a plot of roughly 0.214 of an acre, or 864m². The below map shows the location of 71 FAKENHAM ROAD, 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 71 FAKENHAM ROAD). 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 71 FAKENHAM ROAD?

71 FAKENHAM ROAD is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 71 on FAKENHAM ROAD.