2, HOWLAND CLOSE, FAKENHAM, NR21 9EQ - £252,500

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.

2 HOWLAND CLOSE is a large extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £348,686. It was last sold for £252,500 in November 2015, which was around 17% below the average November 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

2 HOWLAND CLOSE Sold Prices

Land registry data shows five sales for 2 HOWLAND CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 2 HOWLAND 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
2015 20 NOV	£252,500	£303,915	17% below HPI
2014 11 AUG	£215,000	£266,300	19% below HPI
2002 11 OCT	£139,950	£161,214	13% below HPI
2001 23 FEB	£81,500	£115,765	30% below HPI
1999 30 MAR	£69,950	£85,232	18% below HPI

2 HOWLAND CLOSE 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 five 2 HOWLAND CLOSE sales between March 1999 and November 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 August 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2015 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 HOWLAND CLOSE be worth now?

2 HOWLAND CLOSE might now be worth an estimated £348,686.

This is based on house price inflation of 38.1%, between November 2015 and August 2025, for 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 38.1% inflationary increase is applied to the most recent sale price for 2 HOWLAND CLOSE of £252,500 on 20th November 2015. For the value to have increased from £252,500 to £348,686 over the ten years and three months to August 2025, the following assumptions must hold true:

• The value of 2 HOWLAND CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2015 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HOWLAND CLOSE has not materially changed since November 2015.

How Large is 2 HOWLAND CLOSE?

2 HOWLAND CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 2 HOWLAND CLOSE lies on this distribution: 66% of detached houses houses are smaller than 2 HOWLAND CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

2 HOWLAND CLOSE: Plot and Title Map

2 HOWLAND CLOSE sits on a plot of roughly 0.245 of an acre, or 992m². The below map shows the location of 2 HOWLAND 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 HOWLAND 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 HOWLAND CLOSE?

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