6, WATERS LANE, HEMSBY, GREAT YARMOUTH, NR29 4NH - £247,000

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

6 WATERS LANE is a large extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £247,000 in September 2017, which was about the average September 2017 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was D.

6 WATERS LANE Sold Prices

Land registry data shows three sales for 6 WATERS LANE 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. The three 6 WATERS LANE sales were a mix of roughly equal to the average price, and 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
2017 25 SEP	£247,000	£246,835	Close to HPI
2003 26 JUN	£138,500	£151,377	9% below HPI
1997 4 JUL	£46,500	£66,035	30% below HPI

6 WATERS LANE 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 6 WATERS LANE sales between July 1997 and September 2017 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 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 6 WATERS LANE?

6 WATERS LANE is 138m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 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 6 WATERS LANE lies on this distribution: 76% of detached houses are smaller than 6 WATERS LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

6 WATERS LANE: Plot and Title Map

6 WATERS LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 6 WATERS LANE, 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 6 WATERS LANE). 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 6 WATERS LANE?

6 WATERS LANE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 6 on WATERS LANE.