How to write fraction value using html?

The following code will be rendered just as the example in the question, and if the client does not support CSS it will be rendered as plain text, still readable as a fraction:

<p>1 <span class="frac"><sup>12</sup><span>/</span><sub>256</sub></span>.</p>

span.frac {
  display: inline-block;
  font-size: 50%;
  text-align: center;
}
span.frac > sup {
  display: block;
  border-bottom: 1px solid;
  font: inherit;
}
span.frac > span {
  display: none;
}
span.frac > sub {
  display: block;
  font: inherit;
}

The middle <span> serves only for the clients who do not render CSS - the text is still readable as 1 12/256 - and that's why you should place a space between the integer and the fraction.

You may want to change the font-size, because the resulting element may be a little taller than the other characters in the line, or you may want to use a relative position to shift it a little to the bottom.

But the general idea, as presented here, may be enough for the basic use.

Check out the following:

span.frac {
  display: inline-block;
  text-align: center;
  vertical-align: middle;
}
span.frac > sup, span.frac > sub {
  display: block;
  font: inherit;
  padding: 0 0.3em;
}
span.frac > sup {border-bottom: 0.08em solid;}
span.frac > span {display: none;}

<p>7&nbsp;<span class="frac"><sup>42</sup><span>&frasl;</span><sub>73</sub></span>.</p>

CodePen

.frac {
    display: inline-block;
    position: relative;
    vertical-align: middle;
    letter-spacing: 0.001em;
    text-align: center;
}
.frac > span {
    display: block;
    padding: 0.1em;
}
.frac span.bottom {
    border-top: thin solid black;
}
.frac span.symbol {
    display: none;
} 

1 <div class="frac">
    <span>1</span>
    <span class="symbol">/</span>
    <span class="bottom">2</span>
    
</div>

Try the following:

1<sup>1</sup>&frasl;<sub>2</sub>

This displays as:

1¹⁄₂