3, HOMESTEAD GARDENS, HEMSBY, GREAT YARMOUTH, NR29 4JU - £470,000

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

3 HOMESTEAD GARDENS is a very large detached house of 226m², built sometime between 1991 and 1995. It was last sold for £470,000 in May 2022, which was around 47% above the average May 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

3 HOMESTEAD GARDENS Sold Prices

Land registry data shows two sales for 3 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 3 HOMESTEAD GARDENS 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
2022 20 MAY	£470,000	£318,973	47% above HPI
2013 24 OCT	£300,000	£192,210	56% above HPI

3 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 3 HOMESTEAD GARDENS sales from October 2013 and May 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 October 2013 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2022 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 3 HOMESTEAD GARDENS?

3 HOMESTEAD GARDENS is 226m² according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses by size in Hemsby, and where 3 HOMESTEAD GARDENS lies on this distribution: 98% of detached houses are smaller than 3 HOMESTEAD GARDENS, and 2% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

3 HOMESTEAD GARDENS: Plot and Title Map

3 HOMESTEAD GARDENS sits on a plot of roughly 0.336 of an acre, or 1,360m². The below map shows the location of 3 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 3 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 3 HOMESTEAD GARDENS?

3 HOMESTEAD GARDENS is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 3 on HOMESTEAD GARDENS.