2, OLDE THATCHE CLOSE, HEMSBY, GREAT YARMOUTH, NR29 4NY - £350,000

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

2 OLDE THATCHE CLOSE is a small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £350,000 in April 2024, which was around 10% above the average April 2024 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2 OLDE THATCHE CLOSE Sold Prices

Land registry data shows four sales for 2 OLDE THATCHE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. Most of the four 2 OLDE THATCHE CLOSE 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
2024 24 APR	£350,000	£319,085	10% above HPI
2013 26 JUN	£180,000	£184,525	2% below HPI
2010 29 JUL	£198,000	£187,317	6% above HPI
2003 21 NOV	£169,950	£155,722	9% above HPI

2 OLDE THATCHE CLOSE 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 four 2 OLDE THATCHE CLOSE sales between November 2003 and April 2024 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 June 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2024 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 OLDE THATCHE CLOSE?

2 OLDE THATCHE CLOSE is 81m² according to the EPC inspection conducted in March 2021. 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 2 OLDE THATCHE CLOSE lies on this distribution: 29% of detached houses are smaller than 2 OLDE THATCHE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

2 OLDE THATCHE CLOSE: Plot and Title Map

2 OLDE THATCHE CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 2 OLDE THATCHE 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 2 OLDE THATCHE 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 2 OLDE THATCHE CLOSE?

2 OLDE THATCHE CLOSE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 2 on OLDE THATCHE CLOSE.