8, FAYREGREEN, FAKENHAM, NR21 8HE - £138,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 FAYREGREEN is a very small detached house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £176,964. It was last sold for £138,000 in January 2018, which was around 59% below the average January 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

8 FAYREGREEN Sold Prices

Land registry data shows two sales for 8 FAYREGREEN 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. Both of the two 8 FAYREGREEN 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
2018 29 JAN	£138,000	£335,960	59% below HPI
2013 3 MAY	£95,000	£246,752	61% below HPI

8 FAYREGREEN 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 8 FAYREGREEN sales from May 2013 and January 2018 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 May 2013 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the January 2018 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

What might 8 FAYREGREEN be worth now?

8 FAYREGREEN might now be worth an estimated £176,964.

This is based on house price inflation of 28.2%, between January 2018 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 28.2% inflationary increase is applied to the most recent sale price for 8 FAYREGREEN of £138,000 on 29th January 2018. For the value to have increased from £138,000 to £176,964 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 FAYREGREEN has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2018 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FAYREGREEN has not materially changed since January 2018.

How Large is 8 FAYREGREEN?

8 FAYREGREEN is 49m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% 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 8 FAYREGREEN lies on this distribution: 1% of detached houses houses are smaller than 8 FAYREGREEN, and 99% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

8 FAYREGREEN: Plot and Title Map

8 FAYREGREEN sits on a plot of roughly 3.8 acres, or 15,481m². The below map shows the location of 8 FAYREGREEN, 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 8 FAYREGREEN). 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 8 FAYREGREEN?

8 FAYREGREEN is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 8 on FAYREGREEN.