55, WELLS ROAD, FAKENHAM, NR21 9HQ - £183,500

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.

55 WELLS ROAD is a midsized extended semi-detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £314,417. It was last sold for £183,500 in November 2013, which was around 10% above the average November 2013 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

55 WELLS ROAD Sold Prices

Land registry data shows two sales for 55 WELLS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. One of the two 55 WELLS ROAD 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
2013 27 NOV	£183,500	£166,079	10% above HPI
2011 16 DEC	£110,000	£157,780	30% below HPI

55 WELLS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 55 WELLS ROAD sales from December 2011 and November 2013 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 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2013 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 55 WELLS ROAD be worth now?

55 WELLS ROAD might now be worth an estimated £314,417.

This is based on house price inflation of 71.3%, between November 2013 and February 2025, for semi-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 71.3% inflationary increase is applied to the most recent sale price for 55 WELLS ROAD of £183,500 on 27th November 2013. For the value to have increased from £183,500 to £314,417 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 55 WELLS ROAD has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The November 2013 sale price of £183,500 represented a fair market value for the property.
• The size, condition, and specification of 55 WELLS ROAD has not materially changed since November 2013.

How Large is 55 WELLS ROAD?

55 WELLS ROAD is 93m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% of semi-detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fakenham, and where 55 WELLS ROAD lies on this distribution: 43% of semi-detached houses houses are smaller than 55 WELLS ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

55 WELLS ROAD: Plot and Title Map

55 WELLS ROAD sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 55 WELLS ROAD, 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 55 WELLS ROAD). 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 55 WELLS ROAD?

55 WELLS ROAD is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 55 on WELLS ROAD.