1, HOMESTEAD GARDENS, HEMSBY, GREAT YARMOUTH, NR29 4JU - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HOMESTEAD GARDENS is a small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £275,000 in August 2022, which was around 18% below the average August 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was August 2024, where the current energy rating was F, and the potential energy rating was D.

1 HOMESTEAD GARDENS Sold Prices

Land registry data shows two sales for 1 HOMESTEAD GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. Both of the two 1 HOMESTEAD GARDENS 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
2022 17 AUG	£275,000	£333,731	18% below HPI
1997 15 APR	£30,000	£65,157	54% below HPI

1 HOMESTEAD GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The two 1 HOMESTEAD GARDENS sales from April 1997 and August 2022 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 1997 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the August 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 HOMESTEAD GARDENS?

1 HOMESTEAD GARDENS is 80m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% of detached houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses by size in Hemsby, and where 1 HOMESTEAD GARDENS lies on this distribution: 29% of detached houses are smaller than 1 HOMESTEAD GARDENS, and 71% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

1 HOMESTEAD GARDENS: Plot and Title Map

1 HOMESTEAD GARDENS sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 1 HOMESTEAD GARDENS, 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 1 HOMESTEAD GARDENS). 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 1 HOMESTEAD GARDENS?

1 HOMESTEAD GARDENS is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 1 on HOMESTEAD GARDENS.