THE NOOK, BEACH ROAD, HAPPISBURGH, NORWICH, NR12 0PP - £240,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE NOOK is a large detached house of 112m², built sometime between 1983 and 1990. It was last sold for £240,500 in March 2022, which was around 43% below the average March 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows four sales for THE NOOK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four THE NOOK 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
2022 11 MAR	£240,500	£423,590	43% below HPI
2016 9 JUN	£232,500	£301,014	23% below HPI
2008 28 NOV	£175,000	£247,597	29% below HPI
2004 12 AUG	£135,000	£217,854	38% below HPI

THE NOOK 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 four THE NOOK sales between August 2004 and March 2022 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is THE NOOK?

THE NOOK is 112m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Happisburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Happisburgh, and where THE NOOK lies on this distribution: 65% of detached houses are smaller than THE NOOK, and 35% of houses are larger. Note that EPC data is not available for all properties in Happisburgh.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.254 of an acre, or 1,027m². The below map shows the location of THE NOOK, 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 THE NOOK). 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 THE NOOK?

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