22, VALLEY WAY, FAKENHAM, NR21 8PH - £337,000

22 VALLEY WAY is a large extended detached house of 113m², built sometime between 1991 and 1995. It was last sold for £337,000 in October 2021, which was around 12% below the average October 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

22 VALLEY WAY Sold Prices

Land registry data shows two sales for 22 VALLEY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. One of the two 22 VALLEY WAY sales was for below the average price, whilst the other was 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
2021 15 OCT	£337,000	£383,204	12% below HPI
1996 9 FEB	£88,480	£64,739	37% above HPI

22 VALLEY 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 two 22 VALLEY WAY sales from February 1996 and October 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 February 1996 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 22 VALLEY WAY?

22 VALLEY WAY is 113m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 22 VALLEY WAY lies on this distribution: 66% of detached houses are smaller than 22 VALLEY WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

22 VALLEY WAY: Plot and Title Map

22 VALLEY WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 22 VALLEY 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 22 VALLEY 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 22 VALLEY WAY?

22 VALLEY WAY is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 22 on VALLEY WAY.