2, SPRINGFIELD CLOSE, HEMSBY, GREAT YARMOUTH, NR29 4LZ - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 SPRINGFIELD CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £215,000 in June 2023, which was around 33% below the average June 2023 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

2 SPRINGFIELD CLOSE Sold Prices

Land registry data shows two sales for 2 SPRINGFIELD CLOSE 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 2 SPRINGFIELD 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
2023 21 JUN	£215,000	£320,463	33% below HPI
1997 23 MAY	£63,500	£64,085	1% below HPI

2 SPRINGFIELD 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 two 2 SPRINGFIELD CLOSE sales from May 1997 and June 2023 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 May 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 SPRINGFIELD CLOSE?

2 SPRINGFIELD CLOSE is 66m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% 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 SPRINGFIELD CLOSE lies on this distribution: 12% of detached houses are smaller than 2 SPRINGFIELD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

2 SPRINGFIELD CLOSE: Plot and Title Map

2 SPRINGFIELD CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 2 SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD CLOSE?

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