18, VALLEY WAY, FAKENHAM, NR21 8PH - £165,000

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 VALLEY WAY is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £165,000 in January 2012, which was around 34% below the average January 2012 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

18 VALLEY WAY Sold Prices

Land registry data shows two sales for 18 VALLEY WAY 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 18 VALLEY 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
2012 30 JAN	£165,000	£249,407	34% below HPI
2009 2 OCT	£155,000	£238,007	35% below HPI

18 VALLEY 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 two 18 VALLEY WAY sales from October 2009 and January 2012 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 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2012 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 18 VALLEY WAY?

18 VALLEY WAY is 86m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% 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 VALLEY WAY lies on this distribution: 34% of detached houses are smaller than 18 VALLEY WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

18 VALLEY WAY: Plot and Title Map

18 VALLEY WAY sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 18 VALLEY 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 VALLEY 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 VALLEY WAY?

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