12, FIELD LANE, FAKENHAM, NR21 9QP - £330,000

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.

12 FIELD LANE is a very large extended detached house of 167m², built sometime between 1950 and 1966, which could now be worth an estimated £395,914. It was last sold for £330,000 in October 2019, which was around 8% below the average October 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

12 FIELD LANE Sold Prices

Land registry data shows three sales for 12 FIELD 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. One of the three 12 FIELD LANE sales was for below the average price, whilst two 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
2019 17 OCT	£330,000	£359,092	8% below HPI
2001 26 SEP	£280,000	£127,051	120% above HPI
1996 3 SEP	£96,000	£69,723	38% above HPI

12 FIELD 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 12 FIELD LANE sales between September 1996 and October 2019 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 September 2001 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the October 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 12 FIELD LANE be worth now?

12 FIELD LANE might now be worth an estimated £395,914.

This is based on house price inflation of 20%, between October 2019 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 20% inflationary increase is applied to the most recent sale price for 12 FIELD LANE of £330,000 on 17th October 2019. For the value to have increased from £330,000 to £395,914 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 FIELD LANE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FIELD LANE has not materially changed since October 2019.

How Large is 12 FIELD LANE?

12 FIELD LANE is 167m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 10% 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 FIELD LANE lies on this distribution: 91% of detached houses houses are smaller than 12 FIELD LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

12 FIELD LANE: Plot and Title Map

12 FIELD LANE sits on a plot of roughly 0.265 of an acre, or 1,073m². The below map shows the location of 12 FIELD 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 12 FIELD 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 12 FIELD LANE?

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