Magnolia Blacksmiths Lane

    MAGNOLIA, BLACKSMITHS LANE, HAPPISBURGH, NORWICH, NR12 0QT

    This detached freehold property on Blacksmiths Lane last sold in March 2020 for £240,000. Based on price growth in the NR12 district since then, its estimated current value is £287,603 — placing it in the 46th percentile nationally and the 43rd percentile within NR12. The property covers 86 m² (926 sq ft), giving an estimated value of £3,344 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £240,000

    Mar 2020

    Estimated Valuation

    £287,603

    Est. £/sq ft

    £311/sq ft

    £3,344/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateOct 2018
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    17 Mar 2020

    £240,000

    24 Nov 2006

    £170,000

    Key Metrics

    Estimated valuation£287,603
    Value per sq ft / m²£311/sq ft (£3,344/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR12 district percentile43rd percentile
    National percentile46th percentile

    District Context — NR12

    NR12 covers the central and eastern parts of Norfolk, including areas around Great Yarmouth and the surrounding coastal and rural communities. It is a predominantly mature residential district with strong local character and appeal to families and retirees alike.

    Average Property Price - NR12

    £356,068

    58

    National percentile

    Average Net Household Income - NR12

    £35,663

    36

    National percentile

    10-Year Annualised Price Growth - NR12

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR12

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