18, CLOVER WAY, FAKENHAM, NR21 8PA - £265,000

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

18 CLOVER WAY is a small extended detached house of 77m², built sometime between 1991 and 1995. It was last sold for £265,000 in June 2024, which was around 36% below the average June 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

18 CLOVER WAY Sold Prices

Land registry data shows four sales for 18 CLOVER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 18 CLOVER WAY 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
2024 18 JUN	£265,000	£413,706	36% below HPI
2005 1 JUL	£148,000	£227,540	35% below HPI
2004 30 JUL	£88,000	£209,312	58% below HPI
2002 12 MAR	£88,000	£140,541	37% below HPI

18 CLOVER WAY 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 four 18 CLOVER WAY sales between March 2002 and June 2024 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 July 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 18 CLOVER WAY?

18 CLOVER WAY is 77m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 18 CLOVER WAY lies on this distribution: 20% of detached houses are smaller than 18 CLOVER WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

18 CLOVER WAY: Plot and Title Map

18 CLOVER WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 18 CLOVER WAY, 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 18 CLOVER WAY). 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 18 CLOVER WAY?

18 CLOVER WAY is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 18 on CLOVER WAY.