23, THE LAWN, FAKENHAM, NR21 8DT - £310,000

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 THE LAWN is a large detached house of 114m², built sometime between 1976 and 1982. It was last sold for £310,000 in July 2020, which was around 8% below the average July 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

23 THE LAWN Sold Prices

Land registry data shows three sales for 23 THE LAWN 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 23 THE LAWN sales were for below the average price, whilst one 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
2020 15 JUL	£310,000	£337,200	8% below HPI
2019 6 MAR	£265,000	£347,563	24% below HPI
1998 21 AUG	£87,950	£84,182	4% above HPI

23 THE LAWN 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 23 THE LAWN sales between August 1998 and July 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 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 23 THE LAWN?

23 THE LAWN is 114m² according to the EPC inspection conducted in February 2019. This puts it in the largest 40% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 23 THE LAWN lies on this distribution: 67% of detached houses are smaller than 23 THE LAWN, and 32% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

23 THE LAWN: Plot and Title Map

23 THE LAWN sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 23 THE LAWN, 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 THE LAWN). 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 THE LAWN?

23 THE LAWN is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 23 on THE LAWN.