198, FAKENHAM ROAD, TAVERHAM, NORWICH, NR8 6LY - £405,000

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

198 FAKENHAM ROAD is a small detached house of 102m², built sometime between 2003 and 2006. It was last sold for £405,000 in February 2022, which was about the average February 2022 detached price in the Broadland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

198 FAKENHAM ROAD Sold Prices

Land registry data shows four sales for 198 FAKENHAM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. The four 198 FAKENHAM ROAD sales were a mix of roughly equal to the average price, and 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
2022 25 FEB	£405,000	£404,025	Close to HPI
2014 5 FEB	£250,000	£252,023	1% below HPI
2013 1 MAR	£185,000	£242,624	24% below HPI
2000 11 FEB	£92,500	£103,453	11% below HPI

198 FAKENHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 198 FAKENHAM ROAD sales between February 2000 and February 2022 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 February 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 198 FAKENHAM ROAD?

198 FAKENHAM ROAD is 102m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 40% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 198 FAKENHAM ROAD lies on this distribution: 34% of detached houses are smaller than 198 FAKENHAM ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Taverham.

198 FAKENHAM ROAD: Plot and Title Map

198 FAKENHAM ROAD sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 198 FAKENHAM ROAD, 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 198 FAKENHAM ROAD). 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 198 FAKENHAM ROAD?

198 FAKENHAM ROAD is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 198 on FAKENHAM ROAD.