10, THE RIDINGS, FAKENHAM, NR21 8PE - £134,000

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.

10 THE RIDINGS is a small semi-detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £237,226. It was last sold for £134,000 in July 2011, which was around 17% below the average July 2011 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

10 THE RIDINGS Sold Prices

Land registry data shows four sales for 10 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. two of the four 10 THE RIDINGS 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
2011 22 JUL	£134,000	£160,741	17% below HPI
2009 6 MAR	£145,000	£142,511	2% above HPI
2004 31 MAR	£127,500	£126,778	1% above HPI
1998 4 DEC	£44,000	£51,447	14% below HPI

10 THE RIDINGS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 10 THE RIDINGS sales between December 1998 and July 2011 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 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2011 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 10 THE RIDINGS be worth now?

10 THE RIDINGS might now be worth an estimated £237,226.

This is based on house price inflation of 77%, between July 2011 and February 2025, for semi-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 77% inflationary increase is applied to the most recent sale price for 10 THE RIDINGS of £134,000 on 22nd July 2011. For the value to have increased from £134,000 to £237,226 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 10 THE RIDINGS has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The July 2011 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE RIDINGS has not materially changed since July 2011.

How Large is 10 THE RIDINGS?

10 THE RIDINGS is 77m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of semi-detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fakenham, and where 10 THE RIDINGS lies on this distribution: 21% of semi-detached houses houses are smaller than 10 THE RIDINGS, and 79% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

10 THE RIDINGS: Plot and Title Map

10 THE RIDINGS sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 10 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

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