2B, GREENWAY LANE, FAKENHAM, NR21 8BZ - £250,000

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

2B GREENWAY LANE is a midsized detached house of 93m², built sometime between 1950 and 1966. It was last sold for £250,000 in April 2017, which was around 21% below the average April 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

2B GREENWAY LANE Sold Prices

Land registry data shows two sales for 2B GREENWAY 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 2B GREENWAY 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
2017 25 APR	£250,000	£316,870	21% below HPI
2011 14 JAN	£190,000	£233,053	18% below HPI

2B GREENWAY 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 2B GREENWAY LANE sales from January 2011 and April 2017 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 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2B GREENWAY LANE?

2B GREENWAY LANE is 93m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 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 2B GREENWAY LANE lies on this distribution: 43% of detached houses are smaller than 2B GREENWAY LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

2B GREENWAY LANE: Plot and Title Map

2B GREENWAY LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 2B GREENWAY 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 2B GREENWAY 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 2B GREENWAY LANE?

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