5, TOWNSHEND GREEN WEST, FAKENHAM, NR21 8NQ - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 TOWNSHEND GREEN WEST is a very small detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £243,290. It was last sold for £195,000 in May 2019, which was around 44% below the average May 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

5 TOWNSHEND GREEN WEST Sold Prices

Land registry data shows five sales for 5 TOWNSHEND GREEN WEST since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 5 TOWNSHEND GREEN WEST 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
2019 3 MAY	£195,000	£345,305	44% below HPI
2007 24 MAY	£145,000	£235,437	38% below HPI
2005 24 NOV	£127,500	£218,767	42% below HPI
2001 12 JUN	£65,000	£123,792	47% below HPI
1999 20 AUG	£50,000	£90,783	45% below HPI

5 TOWNSHEND GREEN WEST 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 five 5 TOWNSHEND GREEN WEST sales between August 1999 and May 2019 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 May 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 5 TOWNSHEND GREEN WEST be worth now?

5 TOWNSHEND GREEN WEST might now be worth an estimated £243,290.

This is based on house price inflation of 24.8%, between May 2019 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.8% inflationary increase is applied to the most recent sale price for 5 TOWNSHEND GREEN WEST of £195,000 on 3rd May 2019. For the value to have increased from £195,000 to £243,290 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 5 TOWNSHEND GREEN WEST has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TOWNSHEND GREEN WEST has not materially changed since May 2019.

How Large is 5 TOWNSHEND GREEN WEST?

5 TOWNSHEND GREEN WEST is 68m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 5 TOWNSHEND GREEN WEST lies on this distribution: 8% of detached houses houses are smaller than 5 TOWNSHEND GREEN WEST, and 91% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

5 TOWNSHEND GREEN WEST: Plot and Title Map

5 TOWNSHEND GREEN WEST sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 5 TOWNSHEND GREEN WEST, 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 5 TOWNSHEND GREEN WEST). 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 5 TOWNSHEND GREEN WEST?

5 TOWNSHEND GREEN WEST is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 5 on TOWNSHEND GREEN WEST.