WESTERLY, RAYNHAM ROAD, HEMPTON, FAKENHAM, NR21 7LN - £290,000

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.

WESTERLY is a large extended detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £640,367. It was last sold for £290,000 in May 2004, which was around 49% above the average May 2004 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

WESTERLY Sold Prices

Land registry data shows two sales for WESTERLY 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 WESTERLY sales was for above the average price, whilst the other was 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
2004 28 MAY	£290,000	£195,102	49% above HPI
1995 1 JUN	£40,000	£67,774	41% below HPI

WESTERLY 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 WESTERLY sales from June 1995 and May 2004 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 1995 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2004 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might WESTERLY be worth now?

WESTERLY might now be worth an estimated £640,367.

This is based on house price inflation of 120.8%, between May 2004 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 120.8% inflationary increase is applied to the most recent sale price for WESTERLY of £290,000 on 28th May 2004. For the value to have increased from £290,000 to £640,367 over the 21 years and three months to February 2025, the following assumptions must hold true:

• The value of WESTERLY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2004 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of WESTERLY has not materially changed since May 2004.

How Large is WESTERLY?

WESTERLY is 128m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses houses in Hempton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hempton, and where WESTERLY lies on this distribution: 60% of detached houses houses are smaller than WESTERLY, and 40% of houses are larger. Note that EPC data is not available for all properties in Hempton.

WESTERLY: Plot and Title Map

WESTERLY sits on a plot of roughly 0.303 of an acre, or 1,228m². The below map shows the location of WESTERLY, 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 WESTERLY). 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 WESTERLY?

WESTERLY is located on RAYNHAM ROAD in HEMPTON, in the NR21 postcode district. The below map shows the position of WESTERLY on RAYNHAM ROAD.