50, MEADOW RISE, HEMSBY, GREAT YARMOUTH, NR29 4HB - £255,000

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

50 MEADOW RISE is a very small extended detached house of 59m², built sometime between 1967 and 1975. It was last sold for £255,000 in May 2022, which was around 20% below the average May 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

50 MEADOW RISE Sold Prices

Land registry data shows three sales for 50 MEADOW RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the three 50 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
2022 20 MAY	£255,000	£318,973	20% below HPI
2005 5 MAY	£154,650	£185,702	17% below HPI
2001 12 DEC	£86,950	£106,786	19% below HPI

50 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 three 50 MEADOW RISE sales between December 2001 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 May 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 50 MEADOW RISE?

50 MEADOW RISE is 59m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 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 50 MEADOW RISE lies on this distribution: 7% of detached houses are smaller than 50 MEADOW RISE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

50 MEADOW RISE: Plot and Title Map

50 MEADOW RISE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 50 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 50 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 50 MEADOW RISE?

50 MEADOW RISE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 50 on MEADOW RISE.