12, CLOVER WAY, FAKENHAM, NR21 8PA - £227,500

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.

12 CLOVER WAY is a very small extended detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £230,725. It was last sold for £227,500 in August 2024, which was around 46% below the average August 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

12 CLOVER WAY Sold Prices

Land registry data shows two sales for 12 CLOVER WAY 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 12 CLOVER WAY 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
2024 23 AUG	£227,500	£424,796	46% below HPI
2000 1 DEC	£55,000	£110,306	50% below HPI

12 CLOVER WAY 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 12 CLOVER WAY sales from December 2000 and August 2024 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 December 2000 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2024 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 12 CLOVER WAY be worth now?

12 CLOVER WAY might now be worth an estimated £230,725.

This is based on house price inflation of 1.4%, between August 2024 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 1.4% inflationary increase is applied to the most recent sale price for 12 CLOVER WAY of £227,500 on 23rd August 2024. For the value to have increased from £227,500 to £230,725 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 12 CLOVER WAY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2024 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 12 CLOVER WAY has not materially changed since August 2024.

How Large is 12 CLOVER WAY?

12 CLOVER WAY is 72m², which includes one extension, according to the EPC inspection conducted in March 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 12 CLOVER WAY lies on this distribution: 14% of detached houses houses are smaller than 12 CLOVER WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

12 CLOVER WAY: Plot and Title Map

12 CLOVER WAY sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 12 CLOVER WAY, 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 12 CLOVER WAY). 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 12 CLOVER WAY?

12 CLOVER WAY is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 12 on CLOVER WAY.