2, LIGHTHOUSE LANE, HAPPISBURGH, NORWICH, NR12 0QA - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 LIGHTHOUSE LANE is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £180,000 in September 2012, which was around 22% below the average September 2012 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

2 LIGHTHOUSE LANE Sold Prices

Land registry data shows three sales for 2 LIGHTHOUSE LANE 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 2 LIGHTHOUSE LANE 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
2012 21 SEP	£180,000	£231,019	22% below HPI
1999 11 JUN	£58,500	£85,272	31% below HPI
1997 28 NOV	£64,250	£79,424	19% below HPI

2 LIGHTHOUSE LANE 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 2 LIGHTHOUSE LANE sales between November 1997 and September 2012 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 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2012 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 LIGHTHOUSE LANE?

2 LIGHTHOUSE LANE is 77m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Happisburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Happisburgh, and where 2 LIGHTHOUSE LANE lies on this distribution: 17% of detached houses are smaller than 2 LIGHTHOUSE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Happisburgh.

2 LIGHTHOUSE LANE: Plot and Title Map

2 LIGHTHOUSE LANE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 2 LIGHTHOUSE LANE, 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 LANE). 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 LANE?

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