18, SALMONS WAY, FAKENHAM, NR21 8NG - £162,500

18 SALMONS WAY is a very small extended detached house of 70m², built sometime between 1976 and 1982. It was last sold for £162,500 in February 2020, which was around 54% below the average February 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

18 SALMONS WAY Sold Prices

Land registry data shows four sales for 18 SALMONS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 18 SALMONS WAY 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 7 FEB	£162,500	£352,503	54% below HPI
2016 30 SEP	£143,000	£309,333	54% below HPI
2007 17 AUG	£125,000	£251,809	50% below HPI
2005 7 JAN	£111,000	£215,620	49% below HPI

18 SALMONS WAY 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 four 18 SALMONS WAY sales between January 2005 and February 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 September 2016 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2020 sale, which was also at 54% below the HPI.

How Large is 18 SALMONS WAY?

18 SALMONS WAY is 70m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 18 SALMONS WAY lies on this distribution: 11% of detached houses are smaller than 18 SALMONS WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

18 SALMONS WAY: Plot and Title Map

18 SALMONS WAY sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 18 SALMONS WAY, 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 18 SALMONS WAY). 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 18 SALMONS WAY?

18 SALMONS WAY is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 18 on SALMONS WAY.