3, ROWAN WAY, FAKENHAM, NR21 8PW - £187,000

3 ROWAN WAY is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £187,000 in March 2004, which was around 4% below the average March 2004 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

3 ROWAN WAY Sold Prices

Land registry data shows two sales for 3 ROWAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. One of the two 3 ROWAN WAY sales was for below the average price, whilst the other was for above 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
2004 30 MAR	£187,000	£195,139	4% below HPI
1996 28 MAR	£75,000	£65,146	15% above HPI

3 ROWAN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 3 ROWAN WAY sales from March 1996 and March 2004 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 March 1996 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2004 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 ROWAN WAY?

3 ROWAN WAY is 86m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 3 ROWAN WAY lies on this distribution: 34% of detached houses are smaller than 3 ROWAN WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

3 ROWAN WAY: Plot and Title Map

3 ROWAN WAY sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 3 ROWAN WAY, 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 3 ROWAN WAY). 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 3 ROWAN WAY?

3 ROWAN WAY is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 3 on ROWAN WAY.