17A, SMITHS LANE, FAKENHAM, NR21 8LQ - £308,000

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

17A SMITHS LANE is a very large extended detached house of 153m², built sometime between 2007 and 2011. It was last sold for £308,000 in January 2018, which was around 7% below the average January 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2024, where the current energy rating was B, and the potential energy rating was B.

17A SMITHS LANE Sold Prices

Land registry data shows three sales for 17A SMITHS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 17A SMITHS LANE 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
2018 25 JAN	£308,000	£332,740	7% below HPI
2015 30 OCT	£267,500	£298,998	11% below HPI
2007 28 SEP	£160,000	£254,797	37% below HPI

17A SMITHS LANE 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 three 17A SMITHS LANE sales between September 2007 and January 2018 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 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 17A SMITHS LANE?

17A SMITHS LANE is 153m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 20% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 17A SMITHS LANE lies on this distribution: 87% of detached houses are smaller than 17A SMITHS LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

17A SMITHS LANE: Plot and Title Map

17A SMITHS LANE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 17A SMITHS LANE, 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 17A SMITHS LANE). 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 17A SMITHS LANE?

17A SMITHS LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 17A on SMITHS LANE.