40, SANDY LANE, FAKENHAM, NR21 9EZ - £355,000

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

40 SANDY LANE is a very large extended detached house of 145m², built sometime between 1930 and 1949. It was last sold for £355,000 in January 2019, which was around 3% above the average January 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

40 SANDY LANE Sold Prices

Land registry data shows three sales for 40 SANDY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Two of the three 40 SANDY LANE sales were for above the average price, whilst one was 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
2019 24 JAN	£355,000	£343,149	3% above HPI
2016 24 MAY	£290,000	£302,331	4% below HPI
2010 5 MAR	£269,000	£235,833	14% above HPI

40 SANDY 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 three 40 SANDY LANE sales between March 2010 and January 2019 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 May 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 40 SANDY LANE?

40 SANDY LANE is 145m², which includes two extensions, according to the EPC inspection conducted in May 2014. 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 40 SANDY LANE lies on this distribution: 84% of detached houses are smaller than 40 SANDY LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

40 SANDY LANE: Plot and Title Map

40 SANDY LANE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 40 SANDY 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 40 SANDY 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 40 SANDY LANE?

40 SANDY LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 40 on SANDY LANE.