Our Data Sources
3, Magnolia Close, Fakenham has 2 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated December 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Magnolia Close, Fakenham, we estimate a market value of £600,883 and a rental value of £1,726 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £532,210 and £1,529 per month respectively.
Plot Size
HM Land Registry records the plot of land for 3, Magnolia Close, Fakenham as measuring 720 m2.
That makes it the largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
3, Magnolia Close, Fakenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, electric.
Sold Prices
The most recent sale of 3, Magnolia Close, Fakenham completed on 17th August 2021 at £595,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 29.4% over the period since August 2021.
- Sold Aug 2021£595,000
- Sold Dec 2015£410,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Magnolia Close, Fakenham have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd December 2022, was Hawthorne, Greenway Lane, Fakenham, NR21 8DF, a freehold house which sold for £602,863.
Read more about house prices in NR21.
- Sold Dec 2022£602,863 | 5 Bed HouseHawthorne, Greenway Lane, Fakenham, NR21 8DFHawthorne, Greenway Lane, Fakenham, NR21 8DF
- Sold Apr 2021£260,000 | 5 Bed House38, Market Place, Fakenham, NR21 9BY38, Market Place, Fakenham, NR21 9BY
- Sold Aug 2009£425,000 | 5 Bed House4, Orchard Close, Fakenham, NR21 8HF4, Orchard Close, Fakenham, NR21 8HF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 3 addresses on Magnolia Close, Fakenham, NR21, 3, Magnolia Close, Fakenham comes out as the largest and the most expensive in our analysis of the public data.
It is also £245k more expensive than the average property across the NR21 district.
More reading links
Schools Nearby
- Fakenham Infant and Nursery School300 m away
- Fakenham Junior School600 m away
- Sculthorpe Church of England Primary Academy3.0 km away
- Fakenham Academy1.3 km away
- Alderman Peel High School13.0 km away
- Northgate High School17.1 km away
More reading links
Public Transport Nearby
- Sheringham|26.5 km away
- West Runton|28.3 km away
- Cromer|31.1 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
