2A, MISSION LANE, FAKENHAM, NR21 8LH - £172,500

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

2A MISSION LANE is a midsized detached house of 97m², built sometime between 1976 and 1982. It was last sold for £172,500 in November 2003, which was around 7% below the average November 2003 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

2A MISSION LANE Sold Prices

Land registry data shows two sales for 2A MISSION LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 2A MISSION LANE 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
2003 5 NOV	£172,500	£186,412	7% below HPI
1997 31 JAN	£45,000	£70,680	36% below HPI

2A MISSION LANE 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 two 2A MISSION LANE sales from January 1997 and November 2003 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 January 1997 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2003 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2A MISSION LANE?

2A MISSION LANE is 97m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 2A MISSION LANE lies on this distribution: 49% of detached houses are smaller than 2A MISSION LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

2A MISSION LANE: Plot and Title Map

2A MISSION LANE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 2A MISSION LANE, 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 2A MISSION LANE). 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 2A MISSION LANE?

2A MISSION LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 2A on MISSION LANE.