Oak Farm Barn Cratfield Road

    OAK FARM BARN, CRATFIELD ROAD, FRESSINGFIELD, EYE, IP21 5QG

    This detached freehold property on Cratfield Road last sold in May 2024 for £1,550,000. Based on price growth in the IP21 district since then, its estimated current value is £1,634,955 — placing it in the 98th percentile nationally and the 100th percentile within IP21. The property covers 366 m² (3,940 sq ft), giving an estimated value of £4,467 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,940 sq ft

    366 m²

    Last Sale Price

    £1,550,000

    May 2024

    Estimated Valuation

    £1,634,955

    Est. £/sq ft

    £415/sq ft

    £4,467/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area3,940 sq ft (366 m²)
    EPC dateJul 2016
    WallsTimber frame, as built, insulated (assumed)
    HeatingAir source heat pump, underfloor, electric

    Transaction History

    30 May 2024

    £1,550,000

    2 Oct 2017

    £1,000,000

    21 Mar 2003

    £225,000

    Key Metrics

    Estimated valuation£1,634,955
    Value per sq ft / m²£415/sq ft (£4,467/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP21 district percentile100th percentile
    National percentile98th percentile

    District Context — IP21

    IP21 covers the mid-Norfolk area, centred on Dereham and surrounding villages in the heart of the county. It is a characteristically rural neighbourhood with a mixed economy of market towns, agricultural heritage, and commuter appeal to Norwich.

    Average Property Price - IP21

    £380,902

    63

    National percentile

    Average Net Household Income - IP21

    £37,743

    48

    National percentile

    10-Year Annualised Price Growth - IP21

    3.9%

    64

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP21

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