47, HEATH RISE, FAKENHAM, NR21 8HX - £330,000

47 HEATH RISE is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £330,000 in October 2022, which was around 23% below the average October 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

47 HEATH RISE Sold Prices

Land registry data shows three sales for 47 HEATH RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 47 HEATH RISE 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
2022 7 OCT	£330,000	£429,144	23% below HPI
2017 24 NOV	£285,000	£335,916	15% below HPI
2014 17 JAN	£170,000	£251,110	32% below HPI

47 HEATH RISE 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 three 47 HEATH RISE sales between January 2014 and October 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 47 HEATH RISE?

47 HEATH RISE is 91m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 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 47 HEATH RISE lies on this distribution: 39% of detached houses are smaller than 47 HEATH RISE, and 59% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

47 HEATH RISE: Plot and Title Map

47 HEATH RISE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 47 HEATH RISE, 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 47 HEATH RISE). 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 47 HEATH RISE?

47 HEATH RISE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 47 on HEATH RISE.