11, SANDY LANE, FAKENHAM, NR21 9EX - £171,500

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.

11 SANDY LANE is a small terraced house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £246,037. It was last sold for £171,500 in August 2015, which was around 5% above the average August 2015 terraced price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

11 SANDY LANE Sold Prices

Land registry data shows five sales for 11 SANDY LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. Most of the five 11 SANDY LANE 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
2015 14 AUG	£171,500	£163,873	5% above HPI
2007 29 JUN	£143,500	£145,732	2% below HPI
2005 26 AUG	£132,000	£133,387	1% below HPI
2001 7 DEC	£72,000	£69,789	3% above HPI
1996 30 SEP	£44,000	£37,463	17% above HPI

11 SANDY LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Norfolk local authority area over time, sourced from the HPI. The five 11 SANDY LANE sales between September 1996 and August 2015 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 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2015 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 11 SANDY LANE be worth now?

11 SANDY LANE might now be worth an estimated £246,037.

This is based on house price inflation of 43.5%, between August 2015 and August 2025, for terraced 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 43.5% inflationary increase is applied to the most recent sale price for 11 SANDY LANE of £171,500 on 14th August 2015. For the value to have increased from £171,500 to £246,037 over the ten years to August 2025, the following assumptions must hold true:

• The value of 11 SANDY LANE has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The August 2015 sale price of £171,500 represented a fair market value for the property.
• The size, condition, and specification of 11 SANDY LANE has not materially changed since August 2015.

How Large is 11 SANDY LANE?

11 SANDY LANE is 82m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of terraced houses houses in Fakenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Fakenham, and where 11 SANDY LANE lies on this distribution: 27% of terraced houses houses are smaller than 11 SANDY LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

11 SANDY LANE: Plot and Title Map

11 SANDY LANE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 11 SANDY LANE, 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 11 SANDY LANE). 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 11 SANDY LANE?

11 SANDY LANE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 11 on SANDY LANE.