1, SHELDRAKE CLOSE, FAKENHAM, NR21 8ND - £317,500

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 SHELDRAKE CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £317,647. It was last sold for £317,500 in March 2023, which was around 26% below the average March 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2024, where the current energy rating was B, and the potential energy rating was A.

1 SHELDRAKE CLOSE Sold Prices

Land registry data shows two sales for 1 SHELDRAKE CLOSE 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 SHELDRAKE CLOSE 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
2023 24 MAR	£317,500	£430,618	26% below HPI
1996 30 OCT	£57,000	£70,357	19% below HPI

1 SHELDRAKE 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 two 1 SHELDRAKE CLOSE sales from October 1996 and March 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 October 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 SHELDRAKE CLOSE be worth now?

1 SHELDRAKE CLOSE might now be worth an estimated £317,647.

This is based on house price inflation of 0%, between March 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 0% inflationary increase is applied to the most recent sale price for 1 SHELDRAKE CLOSE of £317,500 on 24th March 2023. For the value to have increased from £317,500 to £317,647 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 1 SHELDRAKE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The March 2023 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SHELDRAKE CLOSE has not materially changed since March 2023.

How Large is 1 SHELDRAKE CLOSE?

1 SHELDRAKE CLOSE is 74m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% 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 SHELDRAKE CLOSE lies on this distribution: 16% of detached houses houses are smaller than 1 SHELDRAKE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

1 SHELDRAKE CLOSE: Plot and Title Map

1 SHELDRAKE CLOSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 1 SHELDRAKE 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 SHELDRAKE 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 SHELDRAKE CLOSE?

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