4, HOWLAND CLOSE, FAKENHAM, NR21 9EQ - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 HOWLAND CLOSE is a midsized detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £372,703. It was last sold for £325,000 in August 2021, which was around 13% below the average August 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

4 HOWLAND CLOSE Sold Prices

Land registry data shows two sales for 4 HOWLAND 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. One of the two 4 HOWLAND CLOSE sales was for below 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
2021 23 AUG	£325,000	£375,676	13% below HPI
1996 2 AUG	£85,498	£68,348	25% above HPI

4 HOWLAND 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 4 HOWLAND CLOSE sales from August 1996 and August 2021 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 August 1996 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 HOWLAND CLOSE be worth now?

4 HOWLAND CLOSE might now be worth an estimated £372,703.

This is based on house price inflation of 14.7%, between August 2021 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 14.7% inflationary increase is applied to the most recent sale price for 4 HOWLAND CLOSE of £325,000 on 23rd August 2021. For the value to have increased from £325,000 to £372,703 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 4 HOWLAND CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HOWLAND CLOSE has not materially changed since August 2021.

How Large is 4 HOWLAND CLOSE?

4 HOWLAND CLOSE is 105m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 4 HOWLAND CLOSE lies on this distribution: 57% of detached houses houses are smaller than 4 HOWLAND CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

4 HOWLAND CLOSE: Plot and Title Map

4 HOWLAND CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 4 HOWLAND 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 4 HOWLAND 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 4 HOWLAND CLOSE?

4 HOWLAND CLOSE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 4 on HOWLAND CLOSE.