TWIN PINES, TEMPLE DRIVE, WEYBOURNE, HOLT, NR25 7ET - £173,000

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

TWIN PINES is a small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £173,000 in May 2003, which was around 2% above the average May 2003 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was A.

TWIN PINES Sold Prices

Land registry data shows two sales for TWIN PINES 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. One of the two TWIN PINES sales was for above the average price, whilst the other was 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
2003 15 MAY	£173,000	£169,485	2% above HPI
2002 5 APR	£127,500	£142,489	11% below HPI

TWIN 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 two TWIN PINES sales from April 2002 and May 2003 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 April 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2003 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is TWIN PINES?

TWIN PINES is 86m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses in Weybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Weybourne, and where TWIN PINES lies on this distribution: 32% of detached houses are smaller than TWIN PINES, and 65% of houses are larger. Note that EPC data is not available for all properties in Weybourne.

TWIN PINES: Plot and Title Map

TWIN PINES sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of TWIN 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 TWIN 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 TWIN PINES?

TWIN PINES is located on TEMPLE DRIVE in WEYBOURNE, in the NR25 postcode district. The below map shows the position of TWIN PINES on TEMPLE DRIVE.