2, BAXTER CLOSE, FAKENHAM, NR21 8LE - £115,000

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.

2 BAXTER CLOSE is a very small terraced house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £189,881. It was last sold for £115,000 in November 2012, which was around 20% below the average November 2012 terraced price in the North Norfolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

2 BAXTER CLOSE Sold Prices

Land registry data shows three sales for 2 BAXTER CLOSE 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. One of the three 2 BAXTER CLOSE sales was for below the average price, whilst two 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
2012 19 NOV	£115,000	£143,760	20% below HPI
2011 19 DEC	£150,000	£138,030	9% above HPI
2005 23 NOV	£134,950	£128,189	5% above HPI

2 BAXTER CLOSE 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 2 BAXTER CLOSE sales between November 2005 and November 2012 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 December 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 BAXTER CLOSE be worth now?

2 BAXTER CLOSE might now be worth an estimated £189,881.

This is based on house price inflation of 65.1%, between November 2012 and July 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 65.1% inflationary increase is applied to the most recent sale price for 2 BAXTER CLOSE of £115,000 on 19th November 2012. For the value to have increased from £115,000 to £189,881 over the thirteen years and four months to July 2025, the following assumptions must hold true:

• The value of 2 BAXTER CLOSE has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The November 2012 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BAXTER CLOSE has not materially changed since November 2012.

How Large is 2 BAXTER CLOSE?

2 BAXTER CLOSE is 72m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% 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 2 BAXTER CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 2 BAXTER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

2 BAXTER CLOSE: Plot and Title Map

2 BAXTER CLOSE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 2 BAXTER 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 2 BAXTER 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 2 BAXTER CLOSE?

2 BAXTER CLOSE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 2 on BAXTER CLOSE.