227, NORWICH ROAD, FAKENHAM, NR21 8LR - £475,000

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

227 NORWICH ROAD is a very large extended detached house of 175m², built sometime between 1950 and 1966. It was last sold for £475,000 in January 2022, which was around 13% above the average January 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

227 NORWICH ROAD Sold Prices

Land registry data shows three sales for 227 NORWICH ROAD 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. Two of the three 227 NORWICH ROAD sales were for above the average price, whilst one was 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
2022 31 JAN	£475,000	£418,874	13% above HPI
2009 29 JUL	£237,500	£222,195	7% above HPI
2009 16 JAN	£160,000	£225,242	29% below HPI

227 NORWICH ROAD 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 227 NORWICH ROAD sales between January 2009 and January 2022 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 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 227 NORWICH ROAD?

227 NORWICH ROAD is 175m², which includes two extensions, according to the EPC inspection conducted in March 2021. 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 227 NORWICH ROAD lies on this distribution: 94% of detached houses are smaller than 227 NORWICH ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

227 NORWICH ROAD: Plot and Title Map

227 NORWICH ROAD sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 227 NORWICH ROAD, 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 227 NORWICH ROAD). 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 227 NORWICH ROAD?

227 NORWICH ROAD is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 227 on NORWICH ROAD.