3, THE LAWN, FAKENHAM, NR21 8DT - £269,000

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

3 THE LAWN is a large detached house of 108m², built sometime between 1996 and 2002. It was last sold for £269,000 in May 2016, which was around 11% below the average May 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

3 THE LAWN Sold Prices

Land registry data shows four sales for 3 THE LAWN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the four 3 THE LAWN 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
2016 19 MAY	£269,000	£302,331	11% below HPI
2013 4 OCT	£230,000	£244,887	6% below HPI
2011 17 OCT	£220,000	£240,196	8% below HPI
1998 27 FEB	£79,950	£77,912	3% above HPI

3 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 four 3 THE LAWN sales between February 1998 and May 2016 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 October 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 THE LAWN?

3 THE LAWN is 108m² according to the EPC inspection conducted in November 2015. 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 3 THE LAWN lies on this distribution: 61% of detached houses are smaller than 3 THE LAWN, and 38% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

3 THE LAWN: Plot and Title Map

3 THE LAWN sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3 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 3 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 3 THE LAWN?

3 THE LAWN is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 3 on THE LAWN.