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

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 HERON CLOSE is a large detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £353,593. It was last sold for £360,000 in September 2023, which was around 18% 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, whilst one 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
2023 20 SEP	£360,000	£438,623	18% below HPI
2017 9 MAR	£284,000	£319,809	11% below HPI
2001 19 OCT	£129,950	£129,392	Close to HPI
1998 27 MAR	£82,500	£79,894	3% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 HERON CLOSE be worth now?

1 HERON CLOSE might now be worth an estimated £353,593.

This is based on house price deflation of 1.8%, between September 2023 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 1.8% deflationary decrease is applied to the most recent sale price for 1 HERON CLOSE of £360,000 on 20th September 2023. For the value to have decreased from £360,000 to £353,593 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 HERON CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2023 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HERON CLOSE has not materially changed since September 2023.

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 houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 1 HERON CLOSE lies on this distribution: 61% of detached houses 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 0.110 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.