17, HEATH RISE, FAKENHAM, NR21 8HT - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 HEATH RISE is a large extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £336,992. It was last sold for £305,000 in October 2020, which was around 22% below the average October 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was B.

17 HEATH RISE Sold Prices

Land registry data shows two sales for 17 HEATH RISE 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 17 HEATH RISE 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
2020 2 OCT	£305,000	£389,918	22% below HPI
2017 13 OCT	£250,000	£339,187	26% below HPI

17 HEATH RISE 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 17 HEATH RISE sales from October 2017 and October 2020 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 October 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 17 HEATH RISE be worth now?

17 HEATH RISE might now be worth an estimated £336,992.

This is based on house price inflation of 10.5%, between October 2020 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 10.5% inflationary increase is applied to the most recent sale price for 17 HEATH RISE of £305,000 on 2nd October 2020. For the value to have increased from £305,000 to £336,992 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 HEATH RISE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 17 HEATH RISE has not materially changed since October 2020.

How Large is 17 HEATH RISE?

17 HEATH RISE is 123m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% 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 17 HEATH RISE lies on this distribution: 74% of detached houses houses are smaller than 17 HEATH RISE, and 25% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

17 HEATH RISE: Plot and Title Map

17 HEATH RISE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 17 HEATH RISE, 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 17 HEATH RISE). 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 17 HEATH RISE?

17 HEATH RISE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 17 on HEATH RISE.