THE RIDE, HIGH ROAD, REPPS WITH BASTWICK, GREAT YARMOUTH, NR29 5JH - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE RIDE is a small detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £289,381. It was last sold for £165,000 in February 2012, which was around 11% below the average February 2012 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.

THE RIDE Sold Prices

Land registry data shows two sales for THE RIDE 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. One of the two THE RIDE sales was for below the average price, whilst the other was 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
2012 22 FEB	£165,000	£185,065	11% below HPI
1995 21 DEC	£66,750	£58,401	14% above HPI

THE RIDE 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 THE RIDE sales from December 1995 and February 2012 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 December 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might THE RIDE be worth now?

THE RIDE might now be worth an estimated £289,381.

This is based on house price inflation of 75.4%, between February 2012 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 75.4% inflationary increase is applied to the most recent sale price for THE RIDE of £165,000 on 22nd February 2012. For the value to have increased from £165,000 to £289,381 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of THE RIDE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The February 2012 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of THE RIDE has not materially changed since February 2012.

How Large is THE RIDE?

THE RIDE is 94m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 40% of detached houses houses in Bastwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bastwick, and where THE RIDE lies on this distribution: 35% of detached houses houses are smaller than THE RIDE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bastwick.

THE RIDE: Plot and Title Map

THE RIDE sits on a plot of roughly 0.247 of an acre, or 1,000m². The below map shows the location of THE RIDE, 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 THE RIDE). 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 THE RIDE?

THE RIDE is located on HIGH ROAD in REPPS WITH BASTWICK, in the NR29 postcode district. The below map shows the position of THE RIDE on HIGH ROAD.