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
72 VALLEY WAY is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £176,624 in April 2016, which was around 41% below the average April 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 72 VALLEY WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 72 VALLEY WAY 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 |
---|---|---|---|
2016 4 APR | £176,624 | £299,128 | 41% below HPI |
2007 1 OCT | £63,000 | £259,868 | 76% below HPI |
2004 1 OCT | £187,500 | £216,126 | 13% below HPI |
1998 23 SEP | £74,450 | £83,790 | 11% below HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 72 VALLEY WAY sales between September 1998 and April 2016 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 2007 sale was for 76% below the HPI. So the extrapolation line tracks at 76% below the HPI over time, until the April 2016 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.
72 VALLEY WAY is 85m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 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 72 VALLEY WAY lies on this distribution: 32% of detached houses are smaller than 72 VALLEY WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Fakenham.
72 VALLEY WAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 72 VALLEY WAY, 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 72 VALLEY WAY). 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.
72 VALLEY WAY is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 72 on VALLEY WAY.