SCHOOL COTTAGE, BARONS HALL LANE, FAKENHAM, NR21 8HB - £375,000

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

SCHOOL COTTAGE is a very large detached house of 149m². It was last sold for £375,000 in November 2020, which was around 3% below the average November 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

SCHOOL COTTAGE Sold Prices

Land registry data shows two sales for SCHOOL COTTAGE 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 SCHOOL COTTAGE 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
2020 16 NOV	£375,000	£385,383	3% below HPI
2018 11 JUN	£125,000	£341,054	63% below HPI

SCHOOL COTTAGE 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 SCHOOL COTTAGE sales from June 2018 and November 2020 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 2018 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the November 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is SCHOOL COTTAGE?

SCHOOL COTTAGE is 149m² according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where SCHOOL COTTAGE lies on this distribution: 85% of detached houses are smaller than SCHOOL COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

SCHOOL COTTAGE: Plot and Title Map

SCHOOL COTTAGE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of SCHOOL COTTAGE, 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 SCHOOL COTTAGE). 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 SCHOOL COTTAGE?

SCHOOL COTTAGE is located on BARONS HALL LANE in FAKENHAM, in the NR21 postcode district. The below map shows the position of SCHOOL COTTAGE on BARONS HALL LANE.