WATERMILL HOUSE, BEACH LANE, WEYBOURNE, HOLT, NR25 7SR - £635,000

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.

WATERMILL HOUSE is a very large extended detached house of 218m², built sometime before 1900, which could now be worth an estimated £1,133,273. It was last sold for £635,000 in May 2011, which was around 163% above the average May 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was B.

WATERMILL HOUSE Sold Prices

Land registry data shows two sales for WATERMILL HOUSE 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 WATERMILL HOUSE 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
2011 6 MAY	£635,000	£241,397	163% above HPI
2007 30 MAY	£580,000	£235,437	146% above HPI

WATERMILL HOUSE 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 WATERMILL HOUSE sales from May 2007 and May 2011 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 May 2007 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the May 2011 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

What might WATERMILL HOUSE be worth now?

WATERMILL HOUSE might now be worth an estimated £1,133,273.

This is based on house price inflation of 78.5%, between May 2011 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 78.5% inflationary increase is applied to the most recent sale price for WATERMILL HOUSE of £635,000 on 6th May 2011. For the value to have increased from £635,000 to £1,133,273 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of WATERMILL HOUSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2011 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of WATERMILL HOUSE has not materially changed since May 2011.

How Large is WATERMILL HOUSE?

WATERMILL HOUSE is 218m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses houses in Weybourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Weybourne, and where WATERMILL HOUSE lies on this distribution: 95% of detached houses houses are smaller than WATERMILL HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Weybourne.

WATERMILL HOUSE: Plot and Title Map

WATERMILL HOUSE sits on a plot of roughly 0.288 of an acre, or 1,166m². The below map shows the location of WATERMILL HOUSE, 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 WATERMILL HOUSE). 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 WATERMILL HOUSE?

WATERMILL HOUSE is located on BEACH LANE in WEYBOURNE, in the NR25 postcode district. The below map shows the position of WATERMILL HOUSE on BEACH LANE.