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
13A SMITHS LANE is a midsized extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £217,000 in March 2010, which was around 8% below the average March 2010 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 13A SMITHS LANE since 1st 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. All of the three 13A SMITHS 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 |
---|---|---|---|
2010 19 MAR | £217,000 | £235,833 | 8% below HPI |
2006 23 JUN | £182,000 | £227,316 | 20% below HPI |
2001 9 APR | £92,500 | £115,807 | 20% below HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 13A SMITHS LANE sales between April 2001 and March 2010 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 June 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2010 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
13A SMITHS LANE is 102m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 13A SMITHS LANE lies on this distribution: 56% of detached houses are smaller than 13A SMITHS LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Fakenham.
13A SMITHS LANE sits on a plot of roughly 0.230 of an acre, or 929m². The below map shows the location of 13A SMITHS 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 13A SMITHS 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.
13A SMITHS LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 13A on SMITHS LANE.