13, SEARLE CLOSE, FAKENHAM, NR21 8NA - £222,500

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.

13 SEARLE CLOSE is a midsized extended semi-detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £248,006. It was last sold for £222,500 in November 2020, which was around 11% below the average November 2020 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

13 SEARLE CLOSE Sold Prices

Land registry data shows two sales for 13 SEARLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 13 SEARLE CLOSE 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 6 NOV	£222,500	£251,021	11% below HPI
2014 9 MAY	£164,000	£173,262	5% below HPI

13 SEARLE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 13 SEARLE CLOSE sales from May 2014 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 May 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 13 SEARLE CLOSE be worth now?

13 SEARLE CLOSE might now be worth an estimated £248,006.

This is based on house price inflation of 11.5%, between November 2020 and August 2025, for semi-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 11.5% inflationary increase is applied to the most recent sale price for 13 SEARLE CLOSE of £222,500 on 6th November 2020. For the value to have increased from £222,500 to £248,006 over the five years and three months to August 2025, the following assumptions must hold true:

• The value of 13 SEARLE CLOSE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The November 2020 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 13 SEARLE CLOSE has not materially changed since November 2020.

How Large is 13 SEARLE CLOSE?

13 SEARLE CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of semi-detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fakenham, and where 13 SEARLE CLOSE lies on this distribution: 50% of semi-detached houses houses are smaller than 13 SEARLE CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

13 SEARLE CLOSE: Plot and Title Map

13 SEARLE CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 13 SEARLE CLOSE, 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 13 SEARLE CLOSE). 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 13 SEARLE CLOSE?

13 SEARLE CLOSE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 13 on SEARLE CLOSE.