3, PETER BARRETT CLOSE, FAKENHAM, NR21 8HP - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 PETER BARRETT CLOSE is a very large detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £550,292. It was last sold for £285,000 in September 2005, which was around 28% above the average September 2005 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 PETER BARRETT CLOSE Sold Prices

Land registry data shows two sales for 3 PETER BARRETT CLOSE 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 3 PETER BARRETT CLOSE sales were 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
2005 22 SEP	£285,000	£223,123	28% above HPI
2002 15 NOV	£240,000	£164,463	46% above HPI

3 PETER BARRETT CLOSE 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 3 PETER BARRETT CLOSE sales from November 2002 and September 2005 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 November 2002 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the September 2005 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 3 PETER BARRETT CLOSE be worth now?

3 PETER BARRETT CLOSE might now be worth an estimated £550,292.

This is based on house price inflation of 93.1%, between September 2005 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 93.1% inflationary increase is applied to the most recent sale price for 3 PETER BARRETT CLOSE of £285,000 on 22nd September 2005. For the value to have increased from £285,000 to £550,292 over the twenty years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 PETER BARRETT CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2005 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PETER BARRETT CLOSE has not materially changed since September 2005.

How Large is 3 PETER BARRETT CLOSE?

3 PETER BARRETT CLOSE is 146m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 3 PETER BARRETT CLOSE lies on this distribution: 84% of detached houses houses are smaller than 3 PETER BARRETT CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

3 PETER BARRETT CLOSE: Plot and Title Map

3 PETER BARRETT CLOSE sits on a plot of roughly 0.379 of an acre, or 1,534m². The below map shows the location of 3 PETER BARRETT CLOSE, 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 3 PETER BARRETT CLOSE). 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 3 PETER BARRETT CLOSE?

3 PETER BARRETT CLOSE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 3 on PETER BARRETT CLOSE.