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

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

WATERMILL HOUSE is a very large extended detached house of 218m², built sometime before 1900. It was last sold for £635,000 in May 2011, which was around 166% 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	£239,083	166% above HPI
2007 30 MAY	£580,000	£233,180	149% 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 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the May 2011 sale, where it rises to 166% above the HPI. The line then continues to track at 166% above the HPI.

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 in Weybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Weybourne, and where WATERMILL HOUSE lies on this distribution: 95% of detached 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.