4, VALLEY WAY, FAKENHAM, NR21 8PH - £200,000

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

4 VALLEY WAY is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £200,000 in November 2017, which was around 40% below the average November 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

4 VALLEY WAY Sold Prices

Land registry data shows four sales for 4 VALLEY WAY 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. All of the four 4 VALLEY 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
2017 13 NOV	£200,000	£335,916	40% below HPI
2015 27 NOV	£160,000	£301,002	47% below HPI
2006 2 NOV	£158,500	£232,229	32% below HPI
2005 22 MAR	£147,000	£197,437	26% below HPI

4 VALLEY 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 four 4 VALLEY WAY sales between March 2005 and November 2017 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 2015 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2017 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 4 VALLEY WAY?

4 VALLEY WAY is 69m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 4 VALLEY WAY lies on this distribution: 10% of detached houses are smaller than 4 VALLEY WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

4 VALLEY WAY: Plot and Title Map

4 VALLEY WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 4 VALLEY 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 4 VALLEY 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 4 VALLEY WAY?

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