WESTFIELD, BARSHAM ROAD, FAKENHAM, NR21 9QS - £410,000

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

WESTFIELD is a midsized extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £410,000 in January 2022, which was around 2% below the average January 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

WESTFIELD Sold Prices

Land registry data shows two sales for WESTFIELD 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 WESTFIELD 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
2022 24 JAN	£410,000	£418,874	2% below HPI
2012 15 JUN	£180,000	£234,748	23% below HPI

WESTFIELD 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 WESTFIELD sales from June 2012 and January 2022 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 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is WESTFIELD?

WESTFIELD is 99m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where WESTFIELD lies on this distribution: 52% of detached houses are smaller than WESTFIELD, and 47% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

WESTFIELD: Plot and Title Map

WESTFIELD sits on a plot of roughly 0.246 of an acre, or 996m². The below map shows the location of WESTFIELD, 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 WESTFIELD). 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 WESTFIELD?

WESTFIELD is located on BARSHAM ROAD in FAKENHAM, in the NR21 postcode district. The below map shows the position of WESTFIELD on BARSHAM ROAD.