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
8 FOUR ACRES ESTATE is a small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £130,000 in August 2016, which was around 42% below the average August 2016 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was December 2013, where the current energy rating was G, and the potential energy rating was E.
Land registry data shows four sales for 8 FOUR ACRES ESTATE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the four 8 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 3 AUG | £130,000 | £222,974 | 42% below HPI |
2014 10 OCT | £107,000 | £202,013 | 47% below HPI |
2005 9 DEC | £108,000 | £182,106 | 41% below HPI |
2000 11 AUG | £29,950 | £87,266 | 66% below HPI |
The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The four 8 FOUR ACRES ESTATE sales between August 2000 and August 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 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
8 FOUR ACRES ESTATE is 78m² according to the EPC inspection conducted in December 2013. 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 8 FOUR ACRES ESTATE lies on this distribution: 26% of detached houses are smaller than 8 FOUR ACRES ESTATE, and 73% of houses are larger. Note that EPC data is not available for all properties in Hemsby.
8 FOUR ACRES ESTATE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 8 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 8 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.
8 FOUR ACRES ESTATE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 8 on FOUR ACRES ESTATE.