6, SMITHS LANE, FAKENHAM, NR21 8LG - £220,000

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

6 SMITHS LANE is a large detached house of 108m², built sometime between 1976 and 1982. It was last sold for £220,000 in June 2019, which was around 37% below the average June 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

6 SMITHS LANE Sold Prices

Land registry data shows two sales for 6 SMITHS 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. Both of the two 6 SMITHS LANE 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 17 JUN	£220,000	£348,078	37% below HPI
1996 15 MAR	£57,000	£65,146	13% below HPI

6 SMITHS 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 6 SMITHS LANE sales from March 1996 and June 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 March 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 6 SMITHS LANE?

6 SMITHS LANE is 108m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 6 SMITHS LANE lies on this distribution: 61% of detached houses are smaller than 6 SMITHS LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

6 SMITHS LANE: Plot and Title Map

6 SMITHS LANE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 6 SMITHS 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 6 SMITHS 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 6 SMITHS LANE?

6 SMITHS LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 6 on SMITHS LANE.