14, THE GREEN, HEMPTON, FAKENHAM, NR21 7LG - £125,000

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.

14 THE GREEN is a very small terraced house of 39m², built sometime before 1900, which could now be worth an estimated £179,327. It was last sold for £125,000 in August 2015, which was around 24% below the average August 2015 terraced price in the North Norfolk local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

14 THE GREEN Sold Prices

Land registry data shows four sales for 14 THE GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. All of the four 14 THE GREEN 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
2015 17 AUG	£125,000	£163,873	24% below HPI
2005 2 SEP	£99,500	£129,795	23% below HPI
2004 28 MAY	£93,500	£110,248	15% below HPI
1999 18 JUN	£34,950	£45,888	24% below HPI

14 THE GREEN 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 four 14 THE GREEN sales between June 1999 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 September 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 14 THE GREEN be worth now?

14 THE GREEN might now be worth an estimated £179,327.

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 14 THE GREEN of £125,000 on 17th August 2015. For the value to have increased from £125,000 to £179,327 over the ten years to August 2025, the following assumptions must hold true:

• The value of 14 THE GREEN has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The August 2015 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE GREEN has not materially changed since August 2015.

How Large is 14 THE GREEN?

14 THE GREEN is 39m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of terraced houses houses in Hempton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hempton, and where 14 THE GREEN lies on this distribution: Less than 1% of terraced houses houses are smaller than 14 THE GREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hempton.

14 THE GREEN: Plot and Title Map

14 THE GREEN sits on a plot of roughly 0.013 of an acre, or 54m². The below map shows the location of 14 THE GREEN, 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 14 THE GREEN). 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 14 THE GREEN?

14 THE GREEN is located in HEMPTON, in the NR21 postcode district. The below map shows the position of No. 14 on THE GREEN.