44, NORWICH ROAD, FAKENHAM, NR21 8HN - £114,000

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.

44 NORWICH ROAD is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £148,474. It was last sold for £114,000 in July 2017, which was around 37% below the average July 2017 terraced price in the North Norfolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

44 NORWICH ROAD Sold Prices

Land registry data shows three sales for 44 NORWICH ROAD 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. All of the three 44 NORWICH ROAD 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
2017 17 JUL	£114,000	£182,254	37% below HPI
2014 10 JAN	£85,000	£145,328	42% below HPI
1998 16 JUL	£36,000	£45,225	20% below HPI

44 NORWICH ROAD 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 44 NORWICH ROAD sales between July 1998 and July 2017 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 January 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2017 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 44 NORWICH ROAD be worth now?

44 NORWICH ROAD might now be worth an estimated £148,474.

This is based on house price inflation of 30.2%, between July 2017 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 30.2% inflationary increase is applied to the most recent sale price for 44 NORWICH ROAD of £114,000 on 17th July 2017. For the value to have increased from £114,000 to £148,474 over the eight years to July 2025, the following assumptions must hold true:

• The value of 44 NORWICH ROAD has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The July 2017 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 44 NORWICH ROAD has not materially changed since July 2017.

How Large is 44 NORWICH ROAD?

44 NORWICH ROAD is 56m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% 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 44 NORWICH ROAD lies on this distribution: 2% of terraced houses houses are smaller than 44 NORWICH ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

44 NORWICH ROAD: Plot and Title Map

44 NORWICH ROAD sits on a plot of roughly 3.8 acres, or 15,481m². The below map shows the location of 44 NORWICH ROAD, 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 44 NORWICH ROAD). 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 44 NORWICH ROAD?

44 NORWICH ROAD is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 44 on NORWICH ROAD.