86, FAKENHAM ROAD, DRAYTON, NORWICH, NR8 6PY - £249,000

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

86 FAKENHAM ROAD is a very small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £249,000 in September 2007, which was around 6% below the average September 2007 detached price in the Broadland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

86 FAKENHAM ROAD Sold Prices

Land registry data shows two sales for 86 FAKENHAM 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 Broadland local authority area for the corresponding sale date. Both of the two 86 FAKENHAM ROAD 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
2007 20 SEP	£249,000	£263,791	6% below HPI
2004 22 OCT	£175,000	£221,184	21% below HPI

86 FAKENHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 86 FAKENHAM ROAD sales from October 2004 and September 2007 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2007 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 86 FAKENHAM ROAD?

86 FAKENHAM ROAD is 89m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 86 FAKENHAM ROAD lies on this distribution: 19% of detached houses are smaller than 86 FAKENHAM ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Taverham.

86 FAKENHAM ROAD: Plot and Title Map

86 FAKENHAM ROAD sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 86 FAKENHAM 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 86 FAKENHAM 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 86 FAKENHAM ROAD?

86 FAKENHAM ROAD is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 86 on FAKENHAM ROAD.