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

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.

17A SMITHS LANE is a very large extended detached house of 153m², built sometime between 2007 and 2011, which could now be worth an estimated £394,963. It was last sold for £308,000 in January 2018, which was around 8% 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	£335,960	8% below HPI
2015 30 OCT	£267,500	£301,893	11% below HPI
2007 28 SEP	£160,000	£257,263	38% 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 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 17A SMITHS LANE be worth now?

17A SMITHS LANE might now be worth an estimated £394,963.

This is based on house price inflation of 28.2%, between January 2018 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 28.2% inflationary increase is applied to the most recent sale price for 17A SMITHS LANE of £308,000 on 25th January 2018. For the value to have increased from £308,000 to £394,963 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 17A SMITHS LANE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2018 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 17A SMITHS LANE has not materially changed since January 2018.

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 houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 17A SMITHS LANE lies on this distribution: 86% of detached houses houses are smaller than 17A SMITHS LANE, and 14% 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.