8, WELLS ROAD, FAKENHAM, NR21 9AA - £217,500

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.

8 WELLS ROAD is a small extended terraced house of 87m², built sometime before 1900, which could now be worth an estimated £290,742. It was last sold for £217,500 in October 2016, which was around 24% above the average October 2016 terraced price in the North Norfolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was E.

8 WELLS ROAD Sold Prices

Land registry data shows four sales for 8 WELLS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. All of the four 8 WELLS ROAD 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
2016 6 OCT	£217,500	£175,871	24% above HPI
2009 23 DEC	£161,000	£138,204	16% above HPI
2004 9 JAN	£128,000	£107,271	19% above HPI
2002 24 APR	£84,000	£75,757	11% above HPI

8 WELLS 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 four 8 WELLS ROAD sales between April 2002 and October 2016 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 December 2009 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2016 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 8 WELLS ROAD be worth now?

8 WELLS ROAD might now be worth an estimated £290,742.

This is based on house price inflation of 33.7%, between October 2016 and August 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 33.7% inflationary increase is applied to the most recent sale price for 8 WELLS ROAD of £217,500 on 6th October 2016. For the value to have increased from £217,500 to £290,742 over the nine years and two months to August 2025, the following assumptions must hold true:

• The value of 8 WELLS ROAD has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The October 2016 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WELLS ROAD has not materially changed since October 2016.

How Large is 8 WELLS ROAD?

8 WELLS ROAD is 87m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% 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 8 WELLS ROAD lies on this distribution: 35% of terraced houses houses are smaller than 8 WELLS ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

8 WELLS ROAD: Plot and Title Map

8 WELLS ROAD sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 8 WELLS 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 8 WELLS 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 8 WELLS ROAD?

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