22, FAYREGREEN, FAKENHAM, NR21 8HE - £98,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 FAYREGREEN is a very small semi-detached house of 38m², built sometime between 1983 and 1990, which could now be worth an estimated £113,542. It was last sold for £98,000 in September 2020, which was around 60% below the average September 2020 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was A.

22 FAYREGREEN Sold Prices

Land registry data shows two sales for 22 FAYREGREEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 22 FAYREGREEN 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
2020 21 SEP	£98,000	£245,615	60% below HPI
2010 26 MAR	£59,000	£156,400	62% below HPI

22 FAYREGREEN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 22 FAYREGREEN sales from March 2010 and September 2020 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 March 2010 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the September 2020 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 22 FAYREGREEN be worth now?

22 FAYREGREEN might now be worth an estimated £113,542.

This is based on house price inflation of 15.9%, between September 2020 and February 2025, for semi-detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.9% inflationary increase is applied to the most recent sale price for 22 FAYREGREEN of £98,000 on 21st September 2020. For the value to have increased from £98,000 to £113,542 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 22 FAYREGREEN has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The September 2020 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 22 FAYREGREEN has not materially changed since September 2020.

How Large is 22 FAYREGREEN?

22 FAYREGREEN is 38m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of semi-detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fakenham, and where 22 FAYREGREEN lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 22 FAYREGREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

22 FAYREGREEN: Plot and Title Map

22 FAYREGREEN sits on a plot of roughly 3.8 acres, or 15,481m². The below map shows the location of 22 FAYREGREEN, 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 22 FAYREGREEN). 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 22 FAYREGREEN?

22 FAYREGREEN is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 22 on FAYREGREEN.