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
41 RUDHAM STILE LANE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £292,500 in October 2017, which was around 13% below the average October 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 41 RUDHAM STILE LANE since 1st 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 41 RUDHAM STILE LANE 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 16 OCT | £292,500 | £335,936 | 13% below HPI |
2014 12 JUN | £165,000 | £266,585 | 38% below HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 41 RUDHAM STILE LANE sales from June 2014 and October 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 June 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
41 RUDHAM STILE LANE is 68m² according to the EPC inspection conducted in November 2014. 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 41 RUDHAM STILE LANE lies on this distribution: 8% of detached houses are smaller than 41 RUDHAM STILE LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Fakenham.
41 RUDHAM STILE LANE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 41 RUDHAM STILE 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 41 RUDHAM STILE 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.
41 RUDHAM STILE LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 41 on RUDHAM STILE LANE.