121, GREENWAY LANE, FAKENHAM, NR21 8EL - £230,000

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.

121 GREENWAY LANE is a small extended semi-detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £230,506. It was last sold for £230,000 in July 2022, which was around 19% below the average July 2022 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

121 GREENWAY LANE Sold Prices

Land registry data shows two sales for 121 GREENWAY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 121 GREENWAY 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
2022 27 JUL	£230,000	£283,942	19% below HPI
2012 13 DEC	£136,000	£166,538	18% below HPI

121 GREENWAY LANE 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 two 121 GREENWAY LANE sales from December 2012 and July 2022 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 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 121 GREENWAY LANE be worth now?

121 GREENWAY LANE might now be worth an estimated £230,506.

This is based on house price inflation of 0.2%, between July 2022 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 0.2% inflationary increase is applied to the most recent sale price for 121 GREENWAY LANE of £230,000 on 27th July 2022. For the value to have increased from £230,000 to £230,506 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 121 GREENWAY LANE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The July 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 121 GREENWAY LANE has not materially changed since July 2022.

How Large is 121 GREENWAY LANE?

121 GREENWAY LANE is 86m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% 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 121 GREENWAY LANE lies on this distribution: 34% of semi-detached houses houses are smaller than 121 GREENWAY LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

121 GREENWAY LANE: Plot and Title Map

121 GREENWAY LANE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 121 GREENWAY 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 121 GREENWAY 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 121 GREENWAY LANE?

121 GREENWAY LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 121 on GREENWAY LANE.