5, TOLL BAR, FAKENHAM, NR21 9RF - £410,000

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 TOLL BAR is a small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £492,095. It was last sold for £410,000 in November 2018, which was around 17% above the average November 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

5 TOLL BAR Sold Prices

Land registry data shows three sales for 5 TOLL BAR 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 5 TOLL BAR sales were 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 9 NOV	£410,000	£349,672	17% above HPI
2016 4 NOV	£345,000	£312,000	11% above HPI
2014 17 JUL	£275,000	£268,696	2% above HPI

5 TOLL BAR 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 5 TOLL BAR sales between July 2014 and November 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 November 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 5 TOLL BAR be worth now?

5 TOLL BAR might now be worth an estimated £492,095.

This is based on house price inflation of 20%, between November 2018 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 20% inflationary increase is applied to the most recent sale price for 5 TOLL BAR of £410,000 on 9th November 2018. For the value to have increased from £410,000 to £492,095 over the seven years and three months to August 2025, the following assumptions must hold true:

• The value of 5 TOLL BAR has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2018 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TOLL BAR has not materially changed since November 2018.

How Large is 5 TOLL BAR?

5 TOLL BAR is 80m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% 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 5 TOLL BAR lies on this distribution: 25% of detached houses houses are smaller than 5 TOLL BAR, and 74% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

5 TOLL BAR: Plot and Title Map

5 TOLL BAR sits on a plot of roughly 0.300 of an acre, or 1,213m². The below map shows the location of 5 TOLL BAR, 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 TOLL BAR). 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 TOLL BAR?

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