2, NORTH PARK, FAKENHAM, NR21 9RQ - £270,000

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

2 NORTH PARK is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £270,000 in January 2017, which was around 14% below the average January 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

2 NORTH PARK Sold Prices

Land registry data shows three sales for 2 NORTH PARK 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 2 NORTH PARK 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
2017 20 JAN	£270,000	£313,296	14% below HPI
2015 15 SEP	£240,000	£298,068	19% below HPI
2001 16 MAR	£91,000	£116,820	22% below HPI

2 NORTH PARK 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 2 NORTH PARK sales between March 2001 and January 2017 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 September 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 NORTH PARK?

2 NORTH PARK is 125m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 2 NORTH PARK lies on this distribution: 75% of detached houses are smaller than 2 NORTH PARK, and 24% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

2 NORTH PARK: Plot and Title Map

2 NORTH PARK sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 NORTH PARK, 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 NORTH PARK). 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 2 NORTH PARK?

2 NORTH PARK is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 2 on NORTH PARK.