45, SALMONS WAY, FAKENHAM, NR21 8NG - £310,000

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

45 SALMONS WAY is a small detached house of 79m². It was last sold for £310,000 in May 2024, which was around 24% below the average May 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

45 SALMONS WAY Sold Prices

Land registry data shows two sales for 45 SALMONS WAY 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. Both of the two 45 SALMONS 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
2024 2 MAY	£310,000	£409,851	24% below HPI
2019 19 DEC	£295,000	£353,699	17% below HPI

45 SALMONS 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 two 45 SALMONS WAY sales from December 2019 and May 2024 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 December 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 45 SALMONS WAY?

45 SALMONS WAY is 79m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 45 SALMONS WAY lies on this distribution: 23% of detached houses are smaller than 45 SALMONS WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

45 SALMONS WAY: Plot and Title Map

45 SALMONS WAY sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 45 SALMONS 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 45 SALMONS 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 45 SALMONS WAY?

45 SALMONS WAY is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 45 on SALMONS WAY.