OLD CART SHED, FIELD DALLING ROAD, BINHAM, FAKENHAM, NR21 0DE - £260,000

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.

OLD CART SHED is a very small detached house of 87m², built sometime before 1900, which could now be worth an estimated £449,161. It was last sold for £260,000 in September 2011, which was around 6% above the average September 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was E.

OLD CART SHED Sold Prices

Land registry data shows three sales for OLD CART SHED 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 OLD CART SHED 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
2011 14 SEP	£260,000	£244,206	6% above HPI
2003 10 NOV	£189,500	£188,217	1% above HPI
1999 31 AUG	£118,000	£90,783	30% above HPI

OLD CART SHED 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 OLD CART SHED sales between August 1999 and September 2011 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 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2011 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might OLD CART SHED be worth now?

OLD CART SHED might now be worth an estimated £449,161.

This is based on house price inflation of 72.8%, between September 2011 and June 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 72.8% inflationary increase is applied to the most recent sale price for OLD CART SHED of £260,000 on 14th September 2011. For the value to have increased from £260,000 to £449,161 over the fourteen years and three months to June 2025, the following assumptions must hold true:

• The value of OLD CART SHED has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2011 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of OLD CART SHED has not materially changed since September 2011.

How Large is OLD CART SHED?

OLD CART SHED is 87m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses houses in Binham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Binham, and where OLD CART SHED lies on this distribution: 17% of detached houses houses are smaller than OLD CART SHED, and 83% of houses are larger. Note that EPC data is not available for all properties in Binham.

OLD CART SHED: Plot and Title Map

OLD CART SHED sits on a plot of roughly 119.2 acres, or 482,474m². The below map shows the location of OLD CART SHED, 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 OLD CART SHED). 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 OLD CART SHED?

OLD CART SHED is located on FIELD DALLING ROAD in BINHAM, in the NR21 postcode district. The below map shows the position of OLD CART SHED on FIELD DALLING ROAD.