88, WELLS ROAD, FAKENHAM, NR21 9HF - £292,000

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

88 WELLS ROAD is a large detached house of 119m², built sometime between 1950 and 1966. It was last sold for £292,000 in October 2013, which was around 19% above the average October 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

88 WELLS ROAD Sold Prices

Land registry data shows three sales for 88 WELLS ROAD since 1^st 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. Two of the three 88 WELLS ROAD sales were for above the average price, whilst one 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
2013 10 OCT	£292,000	£244,887	19% above HPI
2013 7 JAN	£285,000	£247,329	15% above HPI
2005 30 SEP	£197,500	£220,984	11% below HPI

88 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 three 88 WELLS ROAD sales between September 2005 and October 2013 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 January 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2013 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 88 WELLS ROAD?

88 WELLS ROAD is 119m² according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 88 WELLS ROAD lies on this distribution: 71% of detached houses are smaller than 88 WELLS ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

88 WELLS ROAD: Plot and Title Map

88 WELLS ROAD sits on a plot of roughly 0.254 of an acre, or 1,028m². The below map shows the location of 88 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 88 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 88 WELLS ROAD?

88 WELLS ROAD is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 88 on WELLS ROAD.