CHERRYTREE HOUSE, HEATH LANE, FAKENHAM, NR21 8LN - £287,500

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

CHERRYTREE HOUSE is a very large detached house of 208m². It was last sold for £287,500 in September 2023, which was around 34% below the average September 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

CHERRYTREE HOUSE Sold Prices

Land registry data shows two sales for CHERRYTREE HOUSE 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. One of the two CHERRYTREE HOUSE sales was for below the average price, whilst the other was 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
2023 25 SEP	£287,500	£435,144	34% below HPI
2014 4 FEB	£390,000	£250,813	55% above HPI

CHERRYTREE HOUSE 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 CHERRYTREE HOUSE sales from February 2014 and September 2023 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 2014 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the September 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is CHERRYTREE HOUSE?

CHERRYTREE HOUSE is 208m² according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where CHERRYTREE HOUSE lies on this distribution: 97% of detached houses are smaller than CHERRYTREE HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

CHERRYTREE HOUSE: Plot and Title Map

CHERRYTREE HOUSE sits on a plot of roughly 0.147 of an acre, or 597m². The below map shows the location of CHERRYTREE HOUSE, 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 CHERRYTREE HOUSE). 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 CHERRYTREE HOUSE?

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