16, FAYREGREEN, FAKENHAM, NR21 8HE - £165,000

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

16 FAYREGREEN is a very small detached house of 37m², built sometime between 1991 and 1995. It was last sold for £165,000 in September 2023, which was around 62% below the average September 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was B.

16 FAYREGREEN Sold Prices

Land registry data shows five sales for 16 FAYREGREEN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 16 FAYREGREEN 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
2023 29 SEP	£165,000	£435,144	62% below HPI
2020 10 JAN	£145,000	£351,881	59% below HPI
2013 26 FEB	£106,000	£238,584	56% below HPI
2007 2 MAR	£175,000	£235,812	26% below HPI
1998 13 MAR	£45,250	£79,128	43% below HPI

16 FAYREGREEN 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 five 16 FAYREGREEN sales between March 1998 and September 2023 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 January 2020 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the September 2023 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 16 FAYREGREEN?

16 FAYREGREEN is 37m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 16 FAYREGREEN lies on this distribution: Less than 1% of detached houses are smaller than 16 FAYREGREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

16 FAYREGREEN: Plot and Title Map

16 FAYREGREEN sits on a plot of roughly 3.8 acres, or 15,541m². The below map shows the location of 16 FAYREGREEN, 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 16 FAYREGREEN). 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 16 FAYREGREEN?

16 FAYREGREEN is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 16 on FAYREGREEN.