4, GORSE CLOSE, FAKENHAM, NR21 8PP - £375,000

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.

4 GORSE CLOSE is a small detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £360,762. It was last sold for £375,000 in November 2022, which was around 14% below the average November 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

4 GORSE CLOSE Sold Prices

Land registry data shows five sales for 4 GORSE 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. The five 4 GORSE CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2022 8 NOV	£375,000	£436,250	14% below HPI
2017 28 NOV	£250,000	£339,168	26% below HPI
2012 3 SEP	£210,000	£233,256	10% below HPI
2003 11 JUL	£179,000	£178,210	Close to HPI
1997 9 APR	£78,500	£72,653	8% above HPI

4 GORSE 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 4 GORSE CLOSE sales between April 1997 and November 2022 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 November 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 4 GORSE CLOSE be worth now?

4 GORSE CLOSE might now be worth an estimated £360,762.

This is based on house price deflation of 3.8%, between November 2022 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 3.8% deflationary decrease is applied to the most recent sale price for 4 GORSE CLOSE of £375,000 on 8th November 2022. For the value to have decreased from £375,000 to £360,762 over the three years and three months to August 2025, the following assumptions must hold true:

• The value of 4 GORSE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GORSE CLOSE has not materially changed since November 2022.

How Large is 4 GORSE CLOSE?

4 GORSE CLOSE is 86m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 4 GORSE CLOSE lies on this distribution: 34% of detached houses houses are smaller than 4 GORSE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

4 GORSE CLOSE: Plot and Title Map

4 GORSE CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 4 GORSE 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 4 GORSE 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 4 GORSE CLOSE?

4 GORSE CLOSE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 4 on GORSE CLOSE.