1, HERON CLOSE, FAKENHAM, NR21 8PX - £360,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HERON CLOSE is a large detached house of 108m², built sometime between 1996 and 2002. It was last sold for £360,000 in September 2023, which was around 17% below the average September 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

1 HERON CLOSE Sold Prices

Land registry data shows four sales for 1 HERON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. two of the four 1 HERON CLOSE sales were for below the average price, and four were 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
2023 20 SEP	£360,000	£435,144	17% below HPI
2017 9 MAR	£284,000	£316,743	10% below HPI
2001 19 OCT	£129,950	£128,152	1% above HPI
1998 27 MAR	£82,500	£79,128	4% above HPI

1 HERON CLOSE 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 four 1 HERON CLOSE sales between March 1998 and September 2023 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 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 HERON CLOSE?

1 HERON CLOSE is 108m² according to the EPC inspection conducted in December 2016. This puts it in the largest 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 1 HERON CLOSE lies on this distribution: 61% of detached houses are smaller than 1 HERON CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

1 HERON CLOSE: Plot and Title Map

1 HERON CLOSE sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of 1 HERON CLOSE, 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 HERON CLOSE). 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 HERON CLOSE?

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