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
46 VALLEY WAY is a midsized detached house of 99m², built sometime between 1996 and 2002. It was last sold for £190,000 in July 2014, which was around 29% below the average July 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 46 VALLEY WAY since 1st 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 46 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 |
---|---|---|---|
2014 9 JUL | £190,000 | £266,120 | 29% below HPI |
2011 21 OCT | £221,000 | £240,196 | 8% below HPI |
2000 21 JUN | £91,500 | £105,679 | 13% below HPI |
1998 13 AUG | £75,045 | £84,182 | 11% 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 four 46 VALLEY WAY sales between August 1998 and July 2014 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 October 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2014 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
46 VALLEY WAY is 99m² according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 46 VALLEY WAY lies on this distribution: 52% of detached houses are smaller than 46 VALLEY WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Fakenham.
46 VALLEY WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 46 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 46 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.
46 VALLEY WAY is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 46 on VALLEY WAY.