31, HEATH RISE, FAKENHAM, NR21 8HT - £225,000

31 HEATH RISE is a small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £225,000 in January 2015, which was around 16% below the average January 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

31 HEATH RISE Sold Prices

Land registry data shows two sales for 31 HEATH RISE 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. Both of the two 31 HEATH RISE 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
2015 19 JAN	£225,000	£268,829	16% below HPI
2013 26 MAR	£170,000	£244,566	30% below HPI

31 HEATH RISE 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 31 HEATH RISE sales from March 2013 and January 2015 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 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 31 HEATH RISE?

31 HEATH RISE is 83m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 31 HEATH RISE lies on this distribution: 28% of detached houses are smaller than 31 HEATH RISE, and 72% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

31 HEATH RISE: Plot and Title Map

31 HEATH RISE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 31 HEATH RISE, 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 31 HEATH RISE). 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 31 HEATH RISE?

31 HEATH RISE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 31 on HEATH RISE.