49, GREENWAY LANE, FAKENHAM, NR21 8ES - £300,000

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

49 GREENWAY LANE is a very large detached house of 139m², built sometime between 1991 and 1995. It was last sold for £300,000 in February 2018, which was around 12% below the average February 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was A.

49 GREENWAY LANE Sold Prices

Land registry data shows four sales for 49 GREENWAY LANE since 1^st 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. two of the four 49 GREENWAY LANE sales were for below the average price, and four were for above 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
2018 15 FEB	£300,000	£340,021	12% below HPI
2013 26 JUL	£275,000	£248,092	11% above HPI
2007 8 JAN	£200,000	£244,597	18% below HPI
1998 16 FEB	£82,500	£77,912	6% above HPI

49 GREENWAY 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 four 49 GREENWAY LANE sales between February 1998 and February 2018 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 July 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 49 GREENWAY LANE?

49 GREENWAY LANE is 139m² according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 49 GREENWAY LANE lies on this distribution: 82% of detached houses are smaller than 49 GREENWAY LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

49 GREENWAY LANE: Plot and Title Map

49 GREENWAY LANE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 49 GREENWAY 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 49 GREENWAY 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 49 GREENWAY LANE?

49 GREENWAY LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 49 on GREENWAY LANE.