39, SMITHS LANE, FAKENHAM, NR21 8LQ - £430,000

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

39 SMITHS LANE is a very large extended detached house of 159m², built sometime between 1991 and 1995. It was last sold for £430,000 in October 2022, which was about the average October 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

39 SMITHS LANE Sold Prices

Land registry data shows two sales for 39 SMITHS 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. One of the two 39 SMITHS LANE sales was roughly equal to the average price, whilst the other was 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
2022 19 OCT	£430,000	£429,331	Close to HPI
1997 19 DEC	£110,000	£79,392	39% above HPI

39 SMITHS 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 39 SMITHS LANE sales from December 1997 and October 2022 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 December 1997 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 39 SMITHS LANE?

39 SMITHS LANE is 159m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 39 SMITHS LANE lies on this distribution: 88% of detached houses are smaller than 39 SMITHS LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

39 SMITHS LANE: Plot and Title Map

39 SMITHS LANE sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of 39 SMITHS 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 39 SMITHS 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 39 SMITHS LANE?

39 SMITHS LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 39 on SMITHS LANE.