6, THE RIDINGS, FAKENHAM, NR21 8PE - £263,500

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.

6 THE RIDINGS is a small extended semi-detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £270,970. It was last sold for £263,500 in March 2022, which was around 5% below the average March 2022 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

6 THE RIDINGS Sold Prices

Land registry data shows two sales for 6 THE RIDINGS 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. Both of the two 6 THE RIDINGS 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
2022 28 MAR	£263,500	£276,722	5% below HPI
2018 19 JUN	£180,000	£223,605	20% below HPI

6 THE RIDINGS 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 6 THE RIDINGS sales from June 2018 and March 2022 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 June 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 6 THE RIDINGS be worth now?

6 THE RIDINGS might now be worth an estimated £270,970.

This is based on house price inflation of 2.8%, between March 2022 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 2.8% inflationary increase is applied to the most recent sale price for 6 THE RIDINGS of £263,500 on 28th March 2022. For the value to have increased from £263,500 to £270,970 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 6 THE RIDINGS has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The March 2022 sale price of £263,500 represented a fair market value for the property.
• The size, condition, and specification of 6 THE RIDINGS has not materially changed since March 2022.

How Large is 6 THE RIDINGS?

6 THE RIDINGS is 78m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% 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 6 THE RIDINGS lies on this distribution: 21% of semi-detached houses houses are smaller than 6 THE RIDINGS, and 77% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

6 THE RIDINGS: Plot and Title Map

6 THE RIDINGS sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 6 THE RIDINGS, 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 RIDINGS). 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 RIDINGS?

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