GILLHAM HOUSE, 12, WELLS ROAD, FAKENHAM, NR21 9AA - £705,000

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.

GILLHAM HOUSE is a very large detached house of 221m², built sometime before 1900, which could now be worth an estimated £691,297. It was last sold for £705,000 in May 2022, which was around 65% above the average May 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

GILLHAM HOUSE Sold Prices

Land registry data shows two sales for GILLHAM HOUSE 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 GILLHAM HOUSE 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
2022 9 MAY	£705,000	£428,006	65% above HPI
2011 10 JUN	£367,500	£240,793	53% above HPI

GILLHAM HOUSE 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 GILLHAM HOUSE sales from June 2011 and May 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 June 2011 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the May 2022 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might GILLHAM HOUSE be worth now?

GILLHAM HOUSE might now be worth an estimated £691,297.

This is based on house price deflation of 1.9%, between May 2022 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 1.9% deflationary decrease is applied to the most recent sale price for GILLHAM HOUSE of £705,000 on 9th May 2022. For the value to have decreased from £705,000 to £691,297 over the two years and nine months to August 2025, the following assumptions must hold true:

• The value of GILLHAM HOUSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2022 sale price of £705,000 represented a fair market value for the property.
• The size, condition, and specification of GILLHAM HOUSE has not materially changed since May 2022.

How Large is GILLHAM HOUSE?

GILLHAM HOUSE is 221m² according to the EPC inspection conducted in March 2020. This puts it in the largest 10% 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 GILLHAM HOUSE lies on this distribution: 98% of detached houses houses are smaller than GILLHAM HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

GILLHAM HOUSE: Plot and Title Map

GILLHAM HOUSE sits on a plot of roughly 0.267 of an acre, or 1,079m². The below map shows the location of GILLHAM HOUSE, 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 GILLHAM HOUSE). 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 GILLHAM HOUSE?

GILLHAM HOUSE is located on WELLS ROAD in FAKENHAM, in the NR21 postcode district. The below map shows the position of GILLHAM HOUSE on WELLS ROAD.