DERWEN, WHISSONSETT ROAD, COLKIRK, FAKENHAM, NR21 7NL - £300,000

DERWEN is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £300,000 in September 2018, which was about the average September 2018 detached price in the Breckland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

DERWEN Sold Prices

Land registry data shows two sales for DERWEN 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. One of the two DERWEN sales was roughly equal to the average price, whilst the other was 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 24 SEP	£300,000	£299,886	Close to HPI
1997 29 AUG	£69,950	£73,978	5% below HPI

DERWEN 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 DERWEN sales from August 1997 and September 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 August 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is DERWEN?

DERWEN is 117m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses in Colkirk, based on EPC data. The below chart shows the distribution of detached houses by size in Colkirk, and where DERWEN lies on this distribution: 43% of detached houses are smaller than DERWEN, and 55% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

DERWEN: Plot and Title Map

DERWEN sits on a plot of roughly 0.293 of an acre, or 1,185m². The below map shows the location of DERWEN, 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 DERWEN). 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 DERWEN?

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