JOLEN, PIT ROAD, HEMSBY, GREAT YARMOUTH, NR29 4LG - £345,000

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

JOLEN is a small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £345,000 in June 2023, which was around 8% above the average June 2023 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

JOLEN Sold Prices

Land registry data shows three sales for JOLEN 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. Two of the three JOLEN sales were for above the average price, whilst one was 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
2023 14 JUN	£345,000	£320,463	8% above HPI
2013 12 APR	£207,500	£186,021	12% above HPI
2005 2 DEC	£175,000	£182,106	4% below HPI

JOLEN 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 JOLEN sales between December 2005 and June 2023 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 April 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is JOLEN?

JOLEN is 80m² according to the EPC inspection conducted in January 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 JOLEN lies on this distribution: 29% of detached houses are smaller than JOLEN, and 71% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

JOLEN: Plot and Title Map

JOLEN sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of JOLEN, 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 JOLEN). 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 JOLEN?

JOLEN is located on PIT ROAD in HEMSBY, in the NR29 postcode district. The below map shows the position of JOLEN on PIT ROAD.