12, FAIRVIEW CLOSE, DRAYTON, NORWICH, NR8 6RT - £171,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 FAIRVIEW CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £304,429. It was last sold for £171,500 in July 2011, which was around 28% below the average July 2011 detached price in the Broadland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

12 FAIRVIEW CLOSE Sold Prices

Land registry data shows one sale for 12 FAIRVIEW CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Broadland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 15 JUL	£171,500	£238,766	28% below HPI

What might 12 FAIRVIEW CLOSE be worth now?

12 FAIRVIEW CLOSE might now be worth an estimated £304,429.

This is based on house price inflation of 77.5%, between July 2011 and May 2026, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.5% inflationary increase is applied to the most recent sale price for 12 FAIRVIEW CLOSE of £171,500 on 15th July 2011. For the value to have increased from £171,500 to £304,429 over the fifteen years and two months to May 2026, the following assumptions must hold true:

• The value of 12 FAIRVIEW CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The July 2011 sale price of £171,500 represented a fair market value for the property.
• The size, condition, and specification of 12 FAIRVIEW CLOSE has not materially changed since July 2011.

How Large is 12 FAIRVIEW CLOSE?

12 FAIRVIEW CLOSE is 72m² according to the EPC inspection conducted in August 2023. 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 12 FAIRVIEW CLOSE lies on this distribution: 3% of detached houses are smaller than 12 FAIRVIEW CLOSE, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Drayton.

12 FAIRVIEW CLOSE: Plot

12 FAIRVIEW CLOSE sits on a plot of roughly 0.124 of an acre, or 501m².

Where is 12 FAIRVIEW CLOSE?

12 FAIRVIEW CLOSE is located in DRAYTON, in the NR8 postcode district.