9, LAWRENCE CLOSE, FAKENHAM, NR21 9RA - £240,000

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.

9 LAWRENCE CLOSE is a very small semi-detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £304,983. It was last sold for £240,000 in April 2019, which was around 7% above the average April 2019 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

9 LAWRENCE CLOSE Sold Prices

Land registry data shows three sales for 9 LAWRENCE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Two of the three 9 LAWRENCE CLOSE 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
2019 16 APR	£240,000	£223,934	7% above HPI
2006 6 JAN	£186,950	£145,768	28% above HPI
2004 26 MAR	£125,000	£126,778	1% below HPI

9 LAWRENCE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 9 LAWRENCE CLOSE sales between March 2004 and April 2019 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 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the April 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 9 LAWRENCE CLOSE be worth now?

9 LAWRENCE CLOSE might now be worth an estimated £304,983.

This is based on house price inflation of 27.1%, between April 2019 and February 2025, for semi-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 27.1% inflationary increase is applied to the most recent sale price for 9 LAWRENCE CLOSE of £240,000 on 16th April 2019. For the value to have increased from £240,000 to £304,983 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 9 LAWRENCE CLOSE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The April 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LAWRENCE CLOSE has not materially changed since April 2019.

How Large is 9 LAWRENCE CLOSE?

9 LAWRENCE CLOSE is 60m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of semi-detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fakenham, and where 9 LAWRENCE CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 9 LAWRENCE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

9 LAWRENCE CLOSE: Plot and Title Map

9 LAWRENCE CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 9 LAWRENCE CLOSE, 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 9 LAWRENCE CLOSE). 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 9 LAWRENCE CLOSE?

9 LAWRENCE CLOSE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 9 on LAWRENCE CLOSE.