THE PINES, THE STREET, KNAPTON, NORTH WALSHAM, NR28 0SB - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE PINES is a midsized detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £473,897. It was last sold for £395,000 in October 2019, which was around 10% above the average October 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

THE PINES Sold Prices

Land registry data shows three sales for THE PINES 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 THE PINES sales were for above 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 10 OCT	£395,000	£359,092	10% above HPI
2010 5 JUL	£295,000	£249,247	18% above HPI
2005 11 NOV	£240,000	£218,767	10% above HPI

THE PINES 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 THE PINES sales between November 2005 and October 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 July 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might THE PINES be worth now?

THE PINES might now be worth an estimated £473,897.

This is based on house price inflation of 20%, between October 2019 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 20% inflationary increase is applied to the most recent sale price for THE PINES of £395,000 on 10th October 2019. For the value to have increased from £395,000 to £473,897 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of THE PINES has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of THE PINES has not materially changed since October 2019.

How Large is THE PINES?

THE PINES is 128m² according to the EPC inspection conducted in February 2010. This puts it in the largest 50% of detached houses houses in Knapton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Knapton, and where THE PINES lies on this distribution: 51% of detached houses houses are smaller than THE PINES, and 49% of houses are larger. Note that EPC data is not available for all properties in Knapton.

THE PINES: Plot and Title Map

THE PINES sits on a plot of roughly 0.480 of an acre, or 1,942m². The below map shows the location of THE PINES, 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 PINES). 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 PINES?

THE PINES is located on THE STREET in KNAPTON, in the NR28 postcode district. The below map shows the position of THE PINES on THE STREET.