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

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.

THE NOOK is a large detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £242,258. It was last sold for £240,500 in March 2022, which was around 44% 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	£427,690	44% below HPI
2016 9 JUN	£232,500	£303,928	24% below HPI
2008 28 NOV	£175,000	£249,994	30% below HPI
2004 12 AUG	£135,000	£219,963	39% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might THE NOOK be worth now?

THE NOOK might now be worth an estimated £242,258.

This is based on house price inflation of 0.7%, between March 2022 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 0.7% inflationary increase is applied to the most recent sale price for THE NOOK of £240,500 on 11th March 2022. For the value to have increased from £240,500 to £242,258 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of THE NOOK has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The March 2022 sale price of £240,500 represented a fair market value for the property.
• The size, condition, and specification of THE NOOK has not materially changed since March 2022.

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 houses in Happisburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Happisburgh, and where THE NOOK lies on this distribution: 65% of detached houses 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.