9, SEDGE CLOSE, FAKENHAM, NR21 8PS - £225,000

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

9 SEDGE CLOSE is a large detached house of 111m², built sometime between 1996 and 2002. It was last sold for £225,000 in July 2011, which was around 7% below the average July 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

9 SEDGE CLOSE Sold Prices

Land registry data shows four sales for 9 SEDGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the four 9 SEDGE CLOSE 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
2011 22 JUL	£225,000	£242,322	7% below HPI
2007 16 FEB	£210,000	£244,879	14% below HPI
2006 21 AUG	£217,500	£230,390	6% below HPI
1999 1 APR	£85,495	£83,419	2% above HPI

9 SEDGE CLOSE 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 four 9 SEDGE CLOSE sales between April 1999 and July 2011 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 February 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2011 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 9 SEDGE CLOSE?

9 SEDGE CLOSE is 111m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 9 SEDGE CLOSE lies on this distribution: 65% of detached houses are smaller than 9 SEDGE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

9 SEDGE CLOSE: Plot and Title Map

9 SEDGE CLOSE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 9 SEDGE 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 SEDGE 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 SEDGE CLOSE?

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