HORSESHOE HOUSE, CHAPEL LANE, SCULTHORPE, FAKENHAM, NR21 9QB - £245,000

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.

HORSESHOE HOUSE is a small extended detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £396,358. It was last sold for £245,000 in August 2014, which was around 8% below the average August 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

HORSESHOE HOUSE Sold Prices

Land registry data shows two sales for HORSESHOE 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 HORSESHOE HOUSE 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
2014 26 AUG	£245,000	£266,300	8% below HPI
1999 22 JUL	£57,750	£85,583	33% below HPI

HORSESHOE 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 HORSESHOE HOUSE sales from July 1999 and August 2014 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 July 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might HORSESHOE HOUSE be worth now?

HORSESHOE HOUSE might now be worth an estimated £396,358.

This is based on house price inflation of 61.8%, between August 2014 and February 2025, for 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 61.8% inflationary increase is applied to the most recent sale price for HORSESHOE HOUSE of £245,000 on 26th August 2014. For the value to have increased from £245,000 to £396,358 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of HORSESHOE HOUSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of HORSESHOE HOUSE has not materially changed since August 2014.

How Large is HORSESHOE HOUSE?

HORSESHOE HOUSE is 94m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses houses in Sculthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sculthorpe, and where HORSESHOE HOUSE lies on this distribution: 23% of detached houses houses are smaller than HORSESHOE HOUSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Sculthorpe.

HORSESHOE HOUSE: Plot and Title Map

HORSESHOE HOUSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of HORSESHOE 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 HORSESHOE 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 HORSESHOE HOUSE?

HORSESHOE HOUSE is located on CHAPEL LANE in SCULTHORPE, in the NR21 postcode district. The below map shows the position of HORSESHOE HOUSE on CHAPEL LANE.