7, FOUR ACRES ESTATE, HEMSBY, GREAT YARMOUTH, NR29 4JB - £125,000

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

7 FOUR ACRES ESTATE is a small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £125,000 in November 2016, which was around 46% below the average November 2016 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was August 2016, where the current energy rating was G, and the potential energy rating was E.

7 FOUR ACRES ESTATE Sold Prices

Land registry data shows two sales for 7 FOUR ACRES ESTATE 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 7 FOUR ACRES ESTATE 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
2016 10 NOV	£125,000	£230,227	46% below HPI
2000 12 OCT	£43,000	£91,337	53% below HPI

7 FOUR ACRES ESTATE 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 7 FOUR ACRES ESTATE sales from October 2000 and November 2016 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 2000 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2016 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 7 FOUR ACRES ESTATE?

7 FOUR ACRES ESTATE is 74m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 7 FOUR ACRES ESTATE lies on this distribution: 20% of detached houses are smaller than 7 FOUR ACRES ESTATE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

7 FOUR ACRES ESTATE: Plot and Title Map

7 FOUR ACRES ESTATE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 7 FOUR ACRES ESTATE, 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 7 FOUR ACRES ESTATE). 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 7 FOUR ACRES ESTATE?

7 FOUR ACRES ESTATE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 7 on FOUR ACRES ESTATE.