8, HEATH RISE, FAKENHAM, NR21 8HU - £280,000

8 HEATH RISE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £280,000 in August 2021, which was around 25% below the average August 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

8 HEATH RISE Sold Prices

Land registry data shows two sales for 8 HEATH RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 8 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
2021 20 AUG	£280,000	£372,074	25% below HPI
2016 22 AUG	£212,500	£307,279	31% below HPI

8 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 two 8 HEATH RISE sales from August 2016 and August 2021 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 August 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 HEATH RISE?

8 HEATH RISE is 76m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 8 HEATH RISE lies on this distribution: 18% of detached houses are smaller than 8 HEATH RISE, and 80% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

8 HEATH RISE: Plot and Title Map

8 HEATH RISE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 8 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 8 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 8 HEATH RISE?

8 HEATH RISE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 8 on HEATH RISE.