15, THE RIDINGS, FAKENHAM, NR21 8PE - £130,000

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

15 THE RIDINGS is a midsized extended detached house of 99m², built sometime between 1991 and 1995. It was last sold for £130,000 in January 2004, which was around 33% below the average January 2004 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

15 THE RIDINGS Sold Prices

Land registry data shows two sales for 15 THE RIDINGS 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. Both of the two 15 THE RIDINGS 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
2004 23 JAN	£130,000	£194,693	33% below HPI
2001 14 MAY	£73,000	£117,625	38% below HPI

15 THE RIDINGS 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 15 THE RIDINGS sales from May 2001 and January 2004 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 May 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2004 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 15 THE RIDINGS?

15 THE RIDINGS is 99m², which includes one extension, according to the EPC inspection conducted in April 2024. 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 15 THE RIDINGS lies on this distribution: 52% of detached houses are smaller than 15 THE RIDINGS, and 47% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

15 THE RIDINGS: Plot and Title Map

15 THE RIDINGS sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 15 THE RIDINGS, 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 15 THE RIDINGS). 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 15 THE RIDINGS?

15 THE RIDINGS is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 15 on THE RIDINGS.