2, LIGHTHOUSE CLOSE, HAPPISBURGH, NORWICH, NR12 0QE - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LIGHTHOUSE CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £278,143. It was last sold for £260,000 in November 2021, which was around 35% below the average November 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

2 LIGHTHOUSE CLOSE Sold Prices

Land registry data shows two sales for 2 LIGHTHOUSE CLOSE 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 2 LIGHTHOUSE CLOSE sales were for below 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
2021 1 NOV	£260,000	£402,715	35% below HPI
2009 23 MAR	£138,000	£216,060	36% below HPI

2 LIGHTHOUSE CLOSE 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 2 LIGHTHOUSE CLOSE sales from March 2009 and November 2021 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 March 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 LIGHTHOUSE CLOSE be worth now?

2 LIGHTHOUSE CLOSE might now be worth an estimated £278,143.

This is based on house price inflation of 7%, between November 2021 and February 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 7% inflationary increase is applied to the most recent sale price for 2 LIGHTHOUSE CLOSE of £260,000 on 1st November 2021. For the value to have increased from £260,000 to £278,143 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 LIGHTHOUSE CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LIGHTHOUSE CLOSE has not materially changed since November 2021.

How Large is 2 LIGHTHOUSE CLOSE?

2 LIGHTHOUSE CLOSE is 73m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Happisburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Happisburgh, and where 2 LIGHTHOUSE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 2 LIGHTHOUSE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Happisburgh.

2 LIGHTHOUSE CLOSE: Plot and Title Map

2 LIGHTHOUSE CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 2 LIGHTHOUSE CLOSE, 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 2 LIGHTHOUSE CLOSE). 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 2 LIGHTHOUSE CLOSE?

2 LIGHTHOUSE CLOSE is located in HAPPISBURGH, in the NR12 postcode district. The below map shows the position of No. 2 on LIGHTHOUSE CLOSE.