GARDENERS REST, ORMESBY LANE, FILBY, GREAT YARMOUTH, NR29 3HX - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GARDENERS REST is a small detached house of 125m², built sometime from 2007 onwards, which could now be worth an estimated £462,237. It was last sold for £395,000 in May 2021, which was around 42% above the average May 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

GARDENERS REST Sold Prices

Land registry data shows two sales for GARDENERS REST 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 GARDENERS REST 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
2021 18 MAY	£395,000	£277,359	42% above HPI
2018 3 JAN	£340,000	£246,999	38% above HPI

GARDENERS REST 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 GARDENERS REST sales from January 2018 and May 2021 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 January 2018 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2021 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might GARDENERS REST be worth now?

GARDENERS REST might now be worth an estimated £462,237.

This is based on house price inflation of 17%, between May 2021 and February 2025, for detached houses, in the Great Yarmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for GARDENERS REST of £395,000 on 18th May 2021. For the value to have increased from £395,000 to £462,237 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of GARDENERS REST has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The May 2021 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of GARDENERS REST has not materially changed since May 2021.

How Large is GARDENERS REST?

GARDENERS REST is 125m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses houses in Filby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Filby, and where GARDENERS REST lies on this distribution: 25% of detached houses houses are smaller than GARDENERS REST, and 75% of houses are larger. Note that EPC data is not available for all properties in Filby.

GARDENERS REST: Plot and Title Map

GARDENERS REST sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of GARDENERS REST, 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 GARDENERS REST). 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 GARDENERS REST?

GARDENERS REST is located on ORMESBY LANE in FILBY, in the NR29 postcode district. The below map shows the position of GARDENERS REST on ORMESBY LANE.