2, PADDOCK CLOSE, FAKENHAM, NR21 8PQ - £199,950

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 PADDOCK CLOSE is a very small semi-detached house of 62m², built sometime between 1983 and 1990. It was last sold for £199,950 in February 2018, which was around 41% below the average February 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

2 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 2 PADDOCK CLOSE 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 2 PADDOCK CLOSE 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
2018 2 FEB	£199,950	£340,021	41% below HPI
2015 13 JUL	£162,000	£281,901	43% below HPI

2 PADDOCK CLOSE 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 2 PADDOCK CLOSE sales from July 2015 and February 2018 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 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2018 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 PADDOCK CLOSE?

2 PADDOCK CLOSE is 62m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 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 PADDOCK CLOSE lies on this distribution: 5% of detached houses are smaller than 2 PADDOCK CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

2 PADDOCK CLOSE: Plot and Title Map

2 PADDOCK CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 2 PADDOCK CLOSE, 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 PADDOCK CLOSE). 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 PADDOCK CLOSE?

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