GILLHAM HOUSE, 12, WELLS ROAD, FAKENHAM, NR21 9AA - £705,000

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

GILLHAM HOUSE is a very large detached house of 221m², built sometime before 1900. It was last sold for £705,000 in May 2022, which was around 66% above the average May 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

GILLHAM HOUSE Sold Prices

Land registry data shows two sales for GILLHAM 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. Both of the two GILLHAM HOUSE 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 9 MAY	£705,000	£423,902	66% above HPI
2011 10 JUN	£367,500	£238,485	54% above HPI

GILLHAM 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 GILLHAM HOUSE sales from June 2011 and May 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 June 2011 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the May 2022 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is GILLHAM HOUSE?

GILLHAM HOUSE is 221m² according to the EPC inspection conducted in March 2020. 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 GILLHAM HOUSE lies on this distribution: 98% of detached houses are smaller than GILLHAM HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

GILLHAM HOUSE: Plot and Title Map

GILLHAM HOUSE sits on a plot of roughly 0.267 of an acre, or 1,079m². The below map shows the location of GILLHAM 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 GILLHAM 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 GILLHAM HOUSE?

GILLHAM HOUSE is located on WELLS ROAD in FAKENHAM, in the NR21 postcode district. The below map shows the position of GILLHAM HOUSE on WELLS ROAD.