15, FAYREGREEN, FAKENHAM, NR21 8HE - £149,950

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.

15 FAYREGREEN is a very small terraced house of 49m², built sometime between 1991 and 1995, which could now be worth an estimated £167,726. It was last sold for £149,950 in April 2021, which was around 29% below the average April 2021 terraced price in the North Norfolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

15 FAYREGREEN Sold Prices

Land registry data shows three sales for 15 FAYREGREEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. All of the three 15 FAYREGREEN 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
2021 16 APR	£149,950	£210,179	29% below HPI
2014 30 JUL	£106,000	£154,094	31% below HPI
2000 29 AUG	£55,000	£56,173	2% below HPI

15 FAYREGREEN 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 three 15 FAYREGREEN sales between August 2000 and April 2021 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 July 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 15 FAYREGREEN be worth now?

15 FAYREGREEN might now be worth an estimated £167,726.

This is based on house price inflation of 11.9%, between April 2021 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 11.9% inflationary increase is applied to the most recent sale price for 15 FAYREGREEN of £149,950 on 16th April 2021. For the value to have increased from £149,950 to £167,726 over the three years and eight months to August 2025, the following assumptions must hold true:

• The value of 15 FAYREGREEN has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The April 2021 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 15 FAYREGREEN has not materially changed since April 2021.

How Large is 15 FAYREGREEN?

15 FAYREGREEN is 49m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% 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 15 FAYREGREEN lies on this distribution: 1% of terraced houses houses are smaller than 15 FAYREGREEN, and 99% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

15 FAYREGREEN: Plot and Title Map

15 FAYREGREEN sits on a plot of roughly 3.8 acres, or 15,481m². The below map shows the location of 15 FAYREGREEN, 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 15 FAYREGREEN). 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 15 FAYREGREEN?

15 FAYREGREEN is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 15 on FAYREGREEN.