KAROUN, FULMODESTON ROAD, STIBBARD, FAKENHAM, NR21 0LT - £322,500

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

KAROUN is a midsized detached house of 139m², built sometime between 1983 and 1990. It was last sold for £322,500 in November 2017, which was around 4% below the average November 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

KAROUN Sold Prices

Land registry data shows two sales for KAROUN 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 KAROUN sales was for below the average price, whilst the other was roughly equal to 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
2017 15 NOV	£322,500	£335,916	4% below HPI
2015 23 OCT	£300,000	£298,998	Close to HPI

KAROUN 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 KAROUN sales from October 2015 and November 2017 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 October 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is KAROUN?

KAROUN is 139m² according to the EPC inspection conducted in September 2024. This puts it in the largest 50% of detached houses in Stibbard, based on EPC data. The below chart shows the distribution of detached houses by size in Stibbard, and where KAROUN lies on this distribution: 50% of detached houses are smaller than KAROUN, and 50% of houses are larger. Note that EPC data is not available for all properties in Stibbard.

KAROUN: Plot and Title Map

KAROUN sits on a plot of roughly 0.258 of an acre, or 1,044m². The below map shows the location of KAROUN, 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 KAROUN). 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 KAROUN?

KAROUN is located on FULMODESTON ROAD in STIBBARD, in the NR21 postcode district. The below map shows the position of KAROUN on FULMODESTON ROAD.