10, SMITHS LANE, FAKENHAM, NR21 8LG - £179,000

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

10 SMITHS LANE is a midsized detached house of 95m², built sometime between 1996 and 2002. It was last sold for £179,000 in November 2004, which was around 17% below the average November 2004 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

10 SMITHS LANE Sold Prices

Land registry data shows three sales for 10 SMITHS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 10 SMITHS LANE 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
2004 1 NOV	£179,000	£215,087	17% below HPI
2003 18 JUL	£170,000	£176,502	4% below HPI
2000 22 DEC	£92,500	£109,249	15% below HPI

10 SMITHS LANE 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 three 10 SMITHS LANE sales between December 2000 and November 2004 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 July 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2004 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 10 SMITHS LANE?

10 SMITHS LANE is 95m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 10 SMITHS LANE lies on this distribution: 48% of detached houses are smaller than 10 SMITHS LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

10 SMITHS LANE: Plot and Title Map

10 SMITHS LANE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 10 SMITHS LANE, 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 10 SMITHS LANE). 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 10 SMITHS LANE?

10 SMITHS LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 10 on SMITHS LANE.