PRIORY BARN, LANGHAM ROAD, BINHAM, FAKENHAM, NR21 0DW - £750,000

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

PRIORY BARN is a very small extended detached house of 81m², built sometime from 2007 onwards. It was last sold for £750,000 in May 2019, which was around 119% above the average May 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

PRIORY BARN Sold Prices

Land registry data shows two sales for PRIORY BARN 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 PRIORY BARN 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
2019 31 MAY	£750,000	£341,995	119% above HPI
2012 5 OCT	£680,000	£243,526	179% above HPI

PRIORY BARN 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 PRIORY BARN sales from October 2012 and May 2019 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 2012 sale was for 179% above the HPI. So the extrapolation line tracks at 179% above the HPI over time, until the May 2019 sale, where it falls to 119% above the HPI. The line then continues to track at 119% above the HPI.

How Large is PRIORY BARN?

PRIORY BARN is 81m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Binham, based on EPC data. The below chart shows the distribution of detached houses by size in Binham, and where PRIORY BARN lies on this distribution: 8% of detached houses are smaller than PRIORY BARN, and 92% of houses are larger. Note that EPC data is not available for all properties in Binham.

PRIORY BARN: Plot and Title Map

PRIORY BARN sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of PRIORY BARN, 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 PRIORY BARN). 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 PRIORY BARN?

PRIORY BARN is located on LANGHAM ROAD in BINHAM, in the NR21 postcode district. The below map shows the position of PRIORY BARN on LANGHAM ROAD.