5, OLIVIA CLOSE, FAKENHAM, NR21 9LP - £160,000

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.

5 OLIVIA CLOSE is a small semi-detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £240,749. It was last sold for £160,000 in July 2015, which was around 14% below the average July 2015 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

5 OLIVIA CLOSE Sold Prices

Land registry data shows three sales for 5 OLIVIA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Two of the three 5 OLIVIA CLOSE sales were for below the average price, whilst one 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
2015 16 JUL	£160,000	£185,950	14% below HPI
2007 12 OCT	£168,000	£173,907	3% below HPI
2003 31 OCT	£121,000	£119,779	1% above HPI

5 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 three 5 OLIVIA CLOSE sales between October 2003 and July 2015 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 October 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 OLIVIA CLOSE be worth now?

5 OLIVIA CLOSE might now be worth an estimated £240,749.

This is based on house price inflation of 50.5%, between July 2015 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 50.5% inflationary increase is applied to the most recent sale price for 5 OLIVIA CLOSE of £160,000 on 16th July 2015. For the value to have increased from £160,000 to £240,749 over the nine years and eleven months to August 2025, the following assumptions must hold true:

• The value of 5 OLIVIA CLOSE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The July 2015 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OLIVIA CLOSE has not materially changed since July 2015.

How Large is 5 OLIVIA CLOSE?

5 OLIVIA CLOSE is 83m² according to the EPC inspection conducted in March 2022. 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 5 OLIVIA CLOSE lies on this distribution: 28% of semi-detached houses houses are smaller than 5 OLIVIA CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

5 OLIVIA CLOSE: Plot and Title Map

5 OLIVIA CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 5 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 5 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 5 OLIVIA CLOSE?

5 OLIVIA CLOSE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 5 on OLIVIA CLOSE.