3, OLIVIA CLOSE, FAKENHAM, NR21 9LP - £220,000

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.

3 OLIVIA CLOSE is a small extended semi-detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £265,487. It was last sold for £220,000 in October 2018, which was around 5% below the average October 2018 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

3 OLIVIA CLOSE Sold Prices

Land registry data shows two sales for 3 OLIVIA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. One of the two 3 OLIVIA CLOSE 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
2018 5 OCT	£220,000	£231,857	5% below HPI
2011 23 FEB	£155,000	£150,590	3% above HPI

3 OLIVIA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 3 OLIVIA CLOSE sales from February 2011 and October 2018 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 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 OLIVIA CLOSE be worth now?

3 OLIVIA CLOSE might now be worth an estimated £265,487.

This is based on house price inflation of 20.7%, between October 2018 and August 2025, for semi-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 20.7% inflationary increase is applied to the most recent sale price for 3 OLIVIA CLOSE of £220,000 on 5th October 2018. For the value to have increased from £220,000 to £265,487 over the seven years and two months to August 2025, the following assumptions must hold true:

• The value of 3 OLIVIA CLOSE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The October 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLIVIA CLOSE has not materially changed since October 2018.

How Large is 3 OLIVIA CLOSE?

3 OLIVIA CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of semi-detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fakenham, and where 3 OLIVIA CLOSE lies on this distribution: 27% of semi-detached houses houses are smaller than 3 OLIVIA CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

3 OLIVIA CLOSE: Plot and Title Map

3 OLIVIA CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 OLIVIA 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 3 OLIVIA 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 3 OLIVIA CLOSE?

3 OLIVIA CLOSE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 3 on OLIVIA CLOSE.