48, SANDY LANE, FAKENHAM, NR21 9EZ - £625,000

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

48 SANDY LANE is a large extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £625,000 in May 2022, which was around 47% above the average May 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

48 SANDY LANE Sold Prices

Land registry data shows two sales for 48 SANDY LANE 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. One of the two 48 SANDY LANE sales was for above the average price, whilst the other 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
2022 18 MAY	£625,000	£423,902	47% above HPI
2016 5 AUG	£194,000	£307,279	37% below HPI

48 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 two 48 SANDY LANE sales from August 2016 and May 2022 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 August 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 48 SANDY LANE?

48 SANDY LANE is 133m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 48 SANDY LANE lies on this distribution: 78% of detached houses are smaller than 48 SANDY LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

48 SANDY LANE: Plot and Title Map

48 SANDY LANE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 48 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 48 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 48 SANDY LANE?

48 SANDY LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 48 on SANDY LANE.