12, GORSE CLOSE, FAKENHAM, NR21 8PP - £335,000

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

12 GORSE CLOSE is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £335,000 in December 2023, which was around 22% below the average December 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

12 GORSE CLOSE Sold Prices

Land registry data shows two sales for 12 GORSE 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. One of the two 12 GORSE CLOSE sales was for below the average price, whilst the other was 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
2023 15 DEC	£335,000	£428,786	22% below HPI
1996 17 SEP	£79,950	£69,055	16% above HPI

12 GORSE 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 12 GORSE CLOSE sales from September 1996 and December 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 September 1996 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 12 GORSE CLOSE?

12 GORSE CLOSE is 87m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 12 GORSE CLOSE lies on this distribution: 36% of detached houses are smaller than 12 GORSE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

12 GORSE CLOSE: Plot and Title Map

12 GORSE CLOSE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 12 GORSE 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 12 GORSE 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 12 GORSE CLOSE?

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