24, FAYREGREEN, FAKENHAM, NR21 8HE - £142,000

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

24 FAYREGREEN is a very small detached house of 54m², built sometime between 1967 and 1975. It was last sold for £142,000 in October 2023, which was around 67% below the average October 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was F, and the potential energy rating was B.

24 FAYREGREEN Sold Prices

Land registry data shows six sales for 24 FAYREGREEN since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the six 24 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
2023 6 OCT	£142,000	£436,323	67% below HPI
2017 15 MAY	£120,000	£315,797	62% below HPI
2017 30 JAN	£128,000	£313,296	59% below HPI
2014 7 AUG	£119,500	£263,747	55% below HPI
2009 12 OCT	£105,000	£238,007	56% below HPI
2002 21 JUN	£82,000	£155,211	47% below HPI

24 FAYREGREEN 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 six 24 FAYREGREEN sales between June 2002 and October 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 May 2017 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the October 2023 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 24 FAYREGREEN?

24 FAYREGREEN is 54m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 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 24 FAYREGREEN lies on this distribution: 1% of detached houses are smaller than 24 FAYREGREEN, and 98% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

24 FAYREGREEN: Plot and Title Map

24 FAYREGREEN sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 24 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 24 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 24 FAYREGREEN?

24 FAYREGREEN is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 24 on FAYREGREEN.