2, VICTORIA LANE, FAKENHAM, NR21 8LB - £358,000

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 VICTORIA LANE is a very large detached house of 143m², built sometime between 1983 and 1990. It was last sold for £358,000 in July 2023, which was around 19% below the average July 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

2 VICTORIA LANE Sold Prices

Land registry data shows two sales for 2 VICTORIA LANE 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. One of the two 2 VICTORIA LANE sales was for below the average price, whilst the other was 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
2023 28 JUL	£358,000	£442,761	19% below HPI
2003 27 NOV	£192,000	£186,412	3% above HPI

2 VICTORIA LANE 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 VICTORIA LANE sales from November 2003 and July 2023 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 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 VICTORIA LANE?

2 VICTORIA LANE is 143m² according to the EPC inspection conducted in April 2022. This puts it in the largest 20% 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 VICTORIA LANE lies on this distribution: 84% of detached houses are smaller than 2 VICTORIA LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

2 VICTORIA LANE: Plot and Title Map

2 VICTORIA LANE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 2 VICTORIA 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 VICTORIA 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.

Where is 2 VICTORIA LANE?

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