1, MEADOW RISE, HEMSBY, GREAT YARMOUTH, NR29 4HB - £250,000

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 MEADOW RISE is a small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £250,000 in February 2020, which was around 3% below the average February 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

1 MEADOW RISE Sold Prices

Land registry data shows two sales for 1 MEADOW RISE 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 MEADOW RISE 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
2020 7 FEB	£250,000	£257,705	3% below HPI
2013 2 SEP	£110,000	£193,225	43% below HPI

1 MEADOW RISE 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 MEADOW RISE sales from September 2013 and February 2020 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 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 MEADOW RISE?

1 MEADOW RISE is 87m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% 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 MEADOW RISE lies on this distribution: 36% of detached houses are smaller than 1 MEADOW RISE, and 63% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

1 MEADOW RISE: Plot and Title Map

1 MEADOW RISE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 1 MEADOW RISE, 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 MEADOW RISE). 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 MEADOW RISE?

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