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
81 NORTH PARK is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £252,000 in December 2021, which was around 38% below the average December 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 81 NORTH PARK since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 81 NORTH PARK 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 |
---|---|---|---|
2021 20 DEC | £252,000 | £408,803 | 38% below HPI |
2012 17 DEC | £140,000 | £252,031 | 44% below HPI |
2001 25 MAY | £88,750 | £117,625 | 25% 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 three 81 NORTH PARK sales between May 2001 and December 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 December 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
81 NORTH PARK is 68m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 81 NORTH PARK lies on this distribution: 8% of detached houses are smaller than 81 NORTH PARK, and 90% of houses are larger. Note that EPC data is not available for all properties in Fakenham.
81 NORTH PARK sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 81 NORTH PARK, 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 81 NORTH PARK). 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.
81 NORTH PARK is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 81 on NORTH PARK.