78, WELLS ROAD, FAKENHAM, NR21 9HH - £415,000

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.

78 WELLS ROAD is a very large extended detached house of 137m², built sometime between 1930 and 1949, which could now be worth an estimated £470,892. It was last sold for £415,000 in January 2021, which was around 9% above the average January 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

78 WELLS ROAD Sold Prices

Land registry data shows two sales for 78 WELLS ROAD 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. One of the two 78 WELLS ROAD sales was for above the average price, whilst the other was 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
2021 29 JAN	£415,000	£379,682	9% above HPI
2017 31 MAR	£300,000	£319,809	6% below HPI

78 WELLS ROAD 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 78 WELLS ROAD sales from March 2017 and January 2021 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 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 78 WELLS ROAD be worth now?

78 WELLS ROAD might now be worth an estimated £470,892.

This is based on house price inflation of 13.5%, between January 2021 and February 2025, for 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 13.5% inflationary increase is applied to the most recent sale price for 78 WELLS ROAD of £415,000 on 29th January 2021. For the value to have increased from £415,000 to £470,892 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 78 WELLS ROAD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 78 WELLS ROAD has not materially changed since January 2021.

How Large is 78 WELLS ROAD?

78 WELLS ROAD is 137m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% of detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 78 WELLS ROAD lies on this distribution: 81% of detached houses houses are smaller than 78 WELLS ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

78 WELLS ROAD: Plot and Title Map

78 WELLS ROAD sits on a plot of roughly 0.298 of an acre, or 1,204m². The below map shows the location of 78 WELLS ROAD, 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 78 WELLS ROAD). 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 78 WELLS ROAD?

78 WELLS ROAD is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 78 on WELLS ROAD.