6, THE LAWN, FAKENHAM, NR21 8DT - £320,000

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 THE LAWN is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £320,000 in February 2024, which was around 24% below the average February 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

6 THE LAWN Sold Prices

Land registry data shows three sales for 6 THE LAWN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Two of the three 6 THE LAWN sales were for below the average price, whilst one was 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
2024 1 FEB	£320,000	£422,594	24% below HPI
2020 16 OCT	£270,000	£386,180	30% below HPI
1999 15 JAN	£112,950	£84,782	33% above HPI

6 THE LAWN 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 three 6 THE LAWN sales between January 1999 and February 2024 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 October 2020 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 6 THE LAWN?

6 THE LAWN is 102m² according to the EPC inspection conducted in November 2015. This puts it in the largest 50% 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 THE LAWN lies on this distribution: 56% of detached houses are smaller than 6 THE LAWN, and 43% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

6 THE LAWN: Plot and Title Map

6 THE LAWN sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 6 THE LAWN, 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 THE LAWN). 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 THE LAWN?

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