43, GREAT EASTERN WAY, FAKENHAM, NR21 8HD - £60,000

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

43 GREAT EASTERN WAY is a very small detached house of 58m², built sometime between 1991 and 1995. It was last sold for £60,000 in December 2002, which was around 63% below the average December 2002 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

43 GREAT EASTERN WAY Sold Prices

Land registry data shows three sales for 43 GREAT EASTERN WAY 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. All of the three 43 GREAT EASTERN 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
2002 6 DEC	£60,000	£160,453	63% below HPI
2002 1 JUN	£42,000	£155,211	73% below HPI
2000 20 OCT	£36,000	£109,473	67% below HPI

43 GREAT EASTERN 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 three 43 GREAT EASTERN WAY sales between October 2000 and December 2002 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 2002 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the December 2002 sale, where it rises to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 43 GREAT EASTERN WAY?

43 GREAT EASTERN WAY is 58m² according to the EPC inspection conducted in April 2018. 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 43 GREAT EASTERN WAY lies on this distribution: 3% of detached houses are smaller than 43 GREAT EASTERN WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

43 GREAT EASTERN WAY: Plot and Title Map

43 GREAT EASTERN WAY sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 43 GREAT EASTERN 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 43 GREAT EASTERN 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 43 GREAT EASTERN WAY?

43 GREAT EASTERN WAY is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 43 on GREAT EASTERN WAY.