23, FENGATE, MARSHAM, NORWICH, NR10 5PT - £195,000

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

23 FENGATE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £195,000 in July 2014, which was around 25% below the average July 2014 detached price in the Broadland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

23 FENGATE Sold Prices

Land registry data shows two sales for 23 FENGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 23 FENGATE 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
2014 25 JUL	£195,000	£260,170	25% below HPI
2002 20 DEC	£124,500	£176,669	30% below HPI

23 FENGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 23 FENGATE sales from December 2002 and July 2014 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 December 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 23 FENGATE?

23 FENGATE is 80m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses in Marsham, based on EPC data. The below chart shows the distribution of detached houses by size in Marsham, and where 23 FENGATE lies on this distribution: 5% of detached houses are smaller than 23 FENGATE, and 95% of houses are larger. Note that EPC data is not available for all properties in Marsham.

23 FENGATE: Plot and Title Map

23 FENGATE sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of 23 FENGATE, 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 23 FENGATE). 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 23 FENGATE?

23 FENGATE is located in MARSHAM, in the NR10 postcode district. The below map shows the position of No. 23 on FENGATE.