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

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

THE RIDE is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £165,000 in February 2012, which was around 12% 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	£187,002	12% below HPI
1995 21 DEC	£66,750	£59,012	13% 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2012 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

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 in Bastwick, based on EPC data. The below chart shows the distribution of detached houses by size in Bastwick, and where THE RIDE lies on this distribution: 34% of detached houses are smaller than THE RIDE, and 66% 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.