MERILYN, BEACH ROAD, HAPPISBURGH, NORWICH, NR12 0PP - £240,000

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

MERILYN is a small detached house of 80m², built sometime between 1930 and 1949. It was last sold for £240,000 in September 2021, which was around 35% below the average September 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

MERILYN Sold Prices

Land registry data shows two sales for MERILYN 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 MERILYN 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 9 SEP	£240,000	£369,836	35% below HPI
2001 1 JUN	£88,500	£122,606	28% below HPI

MERILYN 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 MERILYN sales from June 2001 and September 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 June 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is MERILYN?

MERILYN is 80m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Happisburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Happisburgh, and where MERILYN lies on this distribution: 22% of detached houses are smaller than MERILYN, and 77% of houses are larger. Note that EPC data is not available for all properties in Happisburgh.

MERILYN: Plot and Title Map

MERILYN sits on a plot of roughly 0.270 of an acre, or 1,094m². The below map shows the location of MERILYN, 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 MERILYN). 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 MERILYN?

MERILYN is located on BEACH ROAD in HAPPISBURGH, in the NR12 postcode district. The below map shows the position of MERILYN on BEACH ROAD.