SPION KOP, THE STREET, LITTLE SNORING, FAKENHAM, NR21 0HU - £337,500

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.

SPION KOP is a midsized detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £422,241. It was last sold for £337,500 in June 2018, which was around 2% below the average June 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was F, and the potential energy rating was C.

SPION KOP Sold Prices

Land registry data shows four sales for SPION KOP since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four SPION KOP 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
2018 15 JUN	£337,500	£344,355	2% below HPI
2016 8 DEC	£194,000	£313,917	38% below HPI
2007 7 SEP	£160,000	£257,263	38% below HPI
2001 14 SEP	£90,000	£127,051	29% below HPI

SPION KOP 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 four SPION KOP sales between September 2001 and June 2018 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 December 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might SPION KOP be worth now?

SPION KOP might now be worth an estimated £422,241.

This is based on house price inflation of 25.1%, between June 2018 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 25.1% inflationary increase is applied to the most recent sale price for SPION KOP of £337,500 on 15th June 2018. For the value to have increased from £337,500 to £422,241 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of SPION KOP has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2018 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of SPION KOP has not materially changed since June 2018.

How Large is SPION KOP?

SPION KOP is 93m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses houses in Little Snoring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Snoring, and where SPION KOP lies on this distribution: 45% of detached houses houses are smaller than SPION KOP, and 55% of houses are larger. Note that EPC data is not available for all properties in Little Snoring.

SPION KOP: Plot and Title Map

SPION KOP sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of SPION KOP, 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 SPION KOP). 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 SPION KOP?

SPION KOP is located on THE STREET in LITTLE SNORING, in the NR21 postcode district. The below map shows the position of SPION KOP on THE STREET.