24, LIGHTHOUSE CLOSE, HAPPISBURGH, NORWICH, NR12 0QE - £155,000

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.

24 LIGHTHOUSE CLOSE is a very small terraced house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £192,215. It was last sold for £155,000 in November 2017, which was around 18% below the average November 2017 terraced price in the North Norfolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was A.

24 LIGHTHOUSE CLOSE Sold Prices

Land registry data shows three sales for 24 LIGHTHOUSE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. All of the three 24 LIGHTHOUSE CLOSE 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
2017 20 NOV	£155,000	£188,794	18% below HPI
2005 19 SEP	£110,000	£129,795	15% below HPI
2003 15 JAN	£81,500	£89,402	9% below HPI

24 LIGHTHOUSE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Norfolk local authority area over time, sourced from the HPI. The three 24 LIGHTHOUSE CLOSE sales between January 2003 and November 2017 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 September 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 24 LIGHTHOUSE CLOSE be worth now?

24 LIGHTHOUSE CLOSE might now be worth an estimated £192,215.

This is based on house price inflation of 24%, between November 2017 and June 2025, for terraced 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 24% inflationary increase is applied to the most recent sale price for 24 LIGHTHOUSE CLOSE of £155,000 on 20th November 2017. For the value to have increased from £155,000 to £192,215 over the eight years and five months to June 2025, the following assumptions must hold true:

• The value of 24 LIGHTHOUSE CLOSE has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The November 2017 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LIGHTHOUSE CLOSE has not materially changed since November 2017.

How Large is 24 LIGHTHOUSE CLOSE?

24 LIGHTHOUSE CLOSE is 70m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of terraced houses houses in Happisburgh, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Happisburgh, and where 24 LIGHTHOUSE CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 24 LIGHTHOUSE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Happisburgh.

24 LIGHTHOUSE CLOSE: Plot and Title Map

24 LIGHTHOUSE CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 24 LIGHTHOUSE CLOSE, 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 24 LIGHTHOUSE CLOSE). 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 24 LIGHTHOUSE CLOSE?

24 LIGHTHOUSE CLOSE is located in HAPPISBURGH, in the NR12 postcode district. The below map shows the position of No. 24 on LIGHTHOUSE CLOSE.