BRAMBLES, HEATH LANE, FAKENHAM, NR21 8LN - £450,000

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

BRAMBLES is a very large extended detached house of 159m², built sometime between 2007 and 2011. It was last sold for £450,000 in November 2022, which was around 4% above the average November 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

BRAMBLES Sold Prices

Land registry data shows two sales for BRAMBLES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two BRAMBLES sales were for above 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
2022 18 NOV	£450,000	£432,068	4% above HPI
2011 14 APR	£274,000	£228,833	20% above HPI

BRAMBLES 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 two BRAMBLES sales from April 2011 and November 2022 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 April 2011 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is BRAMBLES?

BRAMBLES is 159m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where BRAMBLES lies on this distribution: 88% of detached houses are smaller than BRAMBLES, and 11% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

BRAMBLES: Plot and Title Map

BRAMBLES sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of BRAMBLES, 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 BRAMBLES). 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 BRAMBLES?

BRAMBLES is located on HEATH LANE in FAKENHAM, in the NR21 postcode district. The below map shows the position of BRAMBLES on HEATH LANE.