73, GREENWAY LANE, FAKENHAM, NR21 8ES - £165,000

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.

73 GREENWAY LANE is a very small extended terraced house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £204,361. It was last sold for £165,000 in May 2020, which was around 14% below the average May 2020 terraced price in the North Norfolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

73 GREENWAY LANE Sold Prices

Land registry data shows five sales for 73 GREENWAY LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. Most of the five 73 GREENWAY 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
2020 5 MAY	£165,000	£191,650	14% below HPI
2012 1 OCT	£108,000	£142,089	24% below HPI
2003 28 NOV	£96,000	£101,587	5% below HPI
2000 11 MAY	£63,500	£55,210	15% above HPI
1998 26 JUN	£37,000	£45,646	19% below HPI

73 GREENWAY LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Norfolk local authority area over time, sourced from the HPI. The five 73 GREENWAY LANE sales between June 1998 and May 2020 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 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 73 GREENWAY LANE be worth now?

73 GREENWAY LANE might now be worth an estimated £204,361.

This is based on house price inflation of 23.9%, between May 2020 and July 2025, for terraced 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 23.9% inflationary increase is applied to the most recent sale price for 73 GREENWAY LANE of £165,000 on 5th May 2020. For the value to have increased from £165,000 to £204,361 over the four years and ten months to July 2025, the following assumptions must hold true:

• The value of 73 GREENWAY LANE has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The May 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 73 GREENWAY LANE has not materially changed since May 2020.

How Large is 73 GREENWAY LANE?

73 GREENWAY LANE is 75m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of terraced houses houses in Fakenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Fakenham, and where 73 GREENWAY LANE lies on this distribution: 17% of terraced houses houses are smaller than 73 GREENWAY LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

73 GREENWAY LANE: Plot and Title Map

73 GREENWAY LANE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 73 GREENWAY 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 73 GREENWAY 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 73 GREENWAY LANE?

73 GREENWAY LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 73 on GREENWAY LANE.