16, THE LAWN, FAKENHAM, NR21 8DT - £185,000

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 THE LAWN is a very large detached house of 163m², built sometime between 1976 and 1982. It was last sold for £185,000 in June 2001, which was around 51% above the average June 2001 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

16 THE LAWN Sold Prices

Land registry data shows two sales for 16 THE LAWN 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 16 THE LAWN sales were for above 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
2001 28 JUN	£185,000	£122,606	51% above HPI
1998 18 DEC	£118,950	£82,099	45% above HPI

16 THE LAWN 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 16 THE LAWN sales from December 1998 and June 2001 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 1998 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2001 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 16 THE LAWN?

16 THE LAWN is 163m² according to the EPC inspection conducted in January 2023. This puts it in the largest 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 THE LAWN lies on this distribution: 90% of detached houses are smaller than 16 THE LAWN, and 10% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

16 THE LAWN: Plot and Title Map

16 THE LAWN sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 16 THE LAWN, 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 THE LAWN). 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 THE LAWN?

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