3, LIGHTHOUSE LANE, HAPPISBURGH, NORWICH, NR12 0QA - £297,500

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

3 LIGHTHOUSE LANE is a midsized detached house of 99m², built sometime between 1967 and 1975. It was last sold for £297,500 in August 2019, which was around 14% below the average August 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

3 LIGHTHOUSE LANE Sold Prices

Land registry data shows three sales for 3 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 3 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
2019 22 AUG	£297,500	£347,008	14% below HPI
2005 8 APR	£195,000	£198,699	2% below HPI
1999 15 DEC	£80,000	£94,684	16% below HPI

3 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 3 LIGHTHOUSE LANE sales between December 1999 and August 2019 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 April 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 LIGHTHOUSE LANE?

3 LIGHTHOUSE LANE is 99m² according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses in Happisburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Happisburgh, and where 3 LIGHTHOUSE LANE lies on this distribution: 49% of detached houses are smaller than 3 LIGHTHOUSE LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Happisburgh.

3 LIGHTHOUSE LANE: Plot and Title Map

3 LIGHTHOUSE LANE sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 3 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 3 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 3 LIGHTHOUSE LANE?

3 LIGHTHOUSE LANE is located in HAPPISBURGH, in the NR12 postcode district. The below map shows the position of No. 3 on LIGHTHOUSE LANE.