NEWHAVEN, SANDPIT LANE, THORPE MARKET, NORWICH, NR11 8TJ - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NEWHAVEN is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £295,383. It was last sold for £295,000 in December 2023, which was around 31% below the average December 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was C.

NEWHAVEN Sold Prices

Land registry data shows two sales for NEWHAVEN 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 NEWHAVEN 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
2023 8 DEC	£295,000	£430,259	31% below HPI
2006 28 JUN	£187,500	£229,516	18% below HPI

NEWHAVEN 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 NEWHAVEN sales from June 2006 and December 2023 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might NEWHAVEN be worth now?

NEWHAVEN might now be worth an estimated £295,383.

This is based on house price inflation of 0.1%, between December 2023 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 0.1% inflationary increase is applied to the most recent sale price for NEWHAVEN of £295,000 on 8th December 2023. For the value to have increased from £295,000 to £295,383 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of NEWHAVEN has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of NEWHAVEN has not materially changed since December 2023.

How Large is NEWHAVEN?

NEWHAVEN is 90m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses houses in Thorpe Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thorpe Market, and where NEWHAVEN lies on this distribution: 22% of detached houses houses are smaller than NEWHAVEN, and 75% of houses are larger. Note that EPC data is not available for all properties in Thorpe Market.

NEWHAVEN: Plot and Title Map

NEWHAVEN sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of NEWHAVEN, 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 NEWHAVEN). 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 NEWHAVEN?

NEWHAVEN is located on SANDPIT LANE in THORPE MARKET, in the NR11 postcode district. The below map shows the position of NEWHAVEN on SANDPIT LANE.