LANDACRE, LEICESTER ROAD, SOUTH CREAKE, FAKENHAM, NR21 9PW - £250,000

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

LANDACRE is a very small extended detached house of 54m², built sometime between 1991 and 1995. It was last sold for £250,000 in March 2016, which was around 2% below the average March 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

LANDACRE Sold Prices

Land registry data shows two sales for LANDACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. One of the two LANDACRE 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
2016 18 MAR	£250,000	£255,469	2% below HPI
2011 23 SEP	£220,000	£196,083	12% above HPI

LANDACRE Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two LANDACRE sales from September 2011 and March 2016 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 September 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is LANDACRE?

LANDACRE is 54m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in South Creake, based on EPC data. The below chart shows the distribution of detached houses by size in South Creake, and where LANDACRE lies on this distribution: 5% of detached houses are smaller than LANDACRE, and 95% of houses are larger. Note that EPC data is not available for all properties in South Creake.

LANDACRE: Plot and Title Map

LANDACRE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of LANDACRE, 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 LANDACRE). 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 LANDACRE?

LANDACRE is located on LEICESTER ROAD in SOUTH CREAKE, in the NR21 postcode district. The below map shows the position of LANDACRE on LEICESTER ROAD.