8, FAIRFIELD CLOSE, LONG STRATTON, NORWICH, NR15 2WT - £218,000

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.

8 FAIRFIELD CLOSE is a detached house, which could now be worth an estimated £368,386. It was last sold for £218,000 in March 2007, which was around 15% below the average March 2007 detached price in the South Norfolk local authority area.

8 FAIRFIELD CLOSE Sold Prices

Land registry data shows two sales for 8 FAIRFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 8 FAIRFIELD CLOSE 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
2007 2 MAR	£218,000	£255,853	15% below HPI
2002 28 MAR	£149,995	£153,458	2% below HPI

What might 8 FAIRFIELD CLOSE be worth now?

8 FAIRFIELD CLOSE might now be worth an estimated £368,386.

This is based on house price inflation of 69%, between March 2007 and May 2026, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69% inflationary increase is applied to the most recent sale price for 8 FAIRFIELD CLOSE of £218,000 on 2nd March 2007. For the value to have increased from £218,000 to £368,386 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 FAIRFIELD CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The March 2007 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FAIRFIELD CLOSE has not materially changed since March 2007.

Where is 8 FAIRFIELD CLOSE?

8 FAIRFIELD CLOSE is located in LONG STRATTON, in the NR15 postcode district.