1, BEECH GROVE, FAKENHAM, NR21 8QE - £238,000

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.

1 BEECH GROVE is a small detached house of 85m², which could now be worth an estimated £375,028. It was last sold for £238,000 in February 2015, which was around 13% below the average February 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was A.

1 BEECH GROVE Sold Prices

Land registry data shows two sales for 1 BEECH GROVE 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 1 BEECH GROVE 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 20 FEB	£238,000	£273,405	13% below HPI
2014 9 MAY	£120,000	£264,137	55% below HPI

1 BEECH GROVE 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 1 BEECH GROVE sales from May 2014 and February 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 May 2014 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the February 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 BEECH GROVE be worth now?

1 BEECH GROVE might now be worth an estimated £375,028.

This is based on house price inflation of 57.6%, between February 2015 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.6% inflationary increase is applied to the most recent sale price for 1 BEECH GROVE of £238,000 on 20th February 2015. For the value to have increased from £238,000 to £375,028 over the ten years to February 2025, the following assumptions must hold true:

• The value of 1 BEECH GROVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The February 2015 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BEECH GROVE has not materially changed since February 2015.

How Large is 1 BEECH GROVE?

1 BEECH GROVE is 85m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 1 BEECH GROVE lies on this distribution: 32% of detached houses houses are smaller than 1 BEECH GROVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

1 BEECH GROVE: Plot and Title Map

1 BEECH GROVE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 1 BEECH GROVE, 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 1 BEECH GROVE). 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 1 BEECH GROVE?

1 BEECH GROVE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 1 on BEECH GROVE.