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
2 GREENWAY LANE is a very large extended detached house of 166m², built sometime between 1900 and 1929. It was last sold for £286,500 in April 2015, which was around 5% above the average April 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 GREENWAY LANE since 1st 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 2 GREENWAY LANE sales were for above 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 |
---|---|---|---|
2015 2 APR | £286,500 | £273,039 | 5% above HPI |
2001 28 NOV | £163,000 | £131,823 | 24% above HPI |
1996 29 NOV | £80,500 | £71,828 | 12% above HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 2 GREENWAY LANE sales between November 1996 and April 2015 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 November 2001 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the April 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
2 GREENWAY LANE is 166m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 2 GREENWAY LANE lies on this distribution: 91% of detached houses are smaller than 2 GREENWAY LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Fakenham.
2 GREENWAY LANE sits on a plot of roughly 0.415 of an acre, or 1,678m². The below map shows the location of 2 GREENWAY 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 2 GREENWAY 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.
2 GREENWAY LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 2 on GREENWAY LANE.