12, MISSION LANE, FAKENHAM, NR21 8LH - £197,500

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 MISSION LANE is a small extended semi-detached house of 79m², built sometime before 1900. It was last sold for £197,500 in October 2020, which was around 49% below the average October 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

12 MISSION LANE Sold Prices

Land registry data shows four sales for 12 MISSION LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 12 MISSION 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
2020 16 OCT	£197,500	£386,180	49% below HPI
2013 5 APR	£140,000	£241,083	42% below HPI
2006 12 JUN	£152,000	£227,316	33% below HPI
2004 14 JUN	£126,000	£200,798	37% below HPI

12 MISSION 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 four 12 MISSION LANE sales between June 2004 and October 2020 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 April 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 12 MISSION LANE?

12 MISSION LANE is 79m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 30% 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 MISSION LANE lies on this distribution: 23% of detached houses are smaller than 12 MISSION LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

12 MISSION LANE: Plot and Title Map

12 MISSION LANE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 12 MISSION 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 MISSION 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 MISSION LANE?

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