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

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.

15 THE RIDINGS is a midsized extended detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £284,907. It was last sold for £130,000 in January 2004, which was around 34% 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	£196,577	34% below HPI
2001 14 MAY	£73,000	£118,764	39% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2004 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 15 THE RIDINGS be worth now?

15 THE RIDINGS might now be worth an estimated £284,907.

This is based on house price inflation of 119.2%, between January 2004 and February 2025, for 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 119.2% inflationary increase is applied to the most recent sale price for 15 THE RIDINGS of £130,000 on 23rd January 2004. For the value to have increased from £130,000 to £284,907 over the twenty years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 THE RIDINGS has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2004 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE RIDINGS has not materially changed since January 2004.

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 houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 15 THE RIDINGS lies on this distribution: 52% of detached houses 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.