37, SALMONS WAY, FAKENHAM, NR21 8NG - £332,000

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

37 SALMONS WAY is a small detached house of 78m². It was last sold for £332,000 in June 2023, which was around 23% below the average June 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

37 SALMONS WAY Sold Prices

Land registry data shows two sales for 37 SALMONS WAY 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 37 SALMONS WAY 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 29 JUN	£332,000	£430,548	23% below HPI
2020 13 MAR	£295,000	£354,676	17% below HPI

37 SALMONS WAY 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 37 SALMONS WAY sales from March 2020 and June 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 March 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 37 SALMONS WAY?

37 SALMONS WAY is 78m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 30% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 37 SALMONS WAY lies on this distribution: 21% of detached houses are smaller than 37 SALMONS WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

37 SALMONS WAY: Plot and Title Map

37 SALMONS WAY sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 37 SALMONS WAY, 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 37 SALMONS WAY). 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 37 SALMONS WAY?

37 SALMONS WAY is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 37 on SALMONS WAY.