THE VILLA, THE STREET, HEMSBY, GREAT YARMOUTH, NR29 4EU - £300,000

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 VILLA is a very large extended detached house of 179m², built sometime before 1900. It was last sold for £300,000 in June 2024, which was around 6% below the average June 2024 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

THE VILLA Sold Prices

Land registry data shows three sales for THE VILLA 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. One of the three THE VILLA sales was for below the average price, whilst two 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
2024 25 JUN	£300,000	£318,505	6% below HPI
2017 5 JUN	£247,000	£237,433	4% above HPI
1999 29 SEP	£108,000	£78,944	37% above HPI

THE VILLA 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 THE VILLA sales between September 1999 and June 2024 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 June 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is THE VILLA?

THE VILLA is 179m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses by size in Hemsby, and where THE VILLA lies on this distribution: 92% of detached houses are smaller than THE VILLA, and 7% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

THE VILLA: Plot and Title Map

THE VILLA sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of THE VILLA, 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 VILLA). 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 VILLA?

THE VILLA is located on THE STREET in HEMSBY, in the NR29 postcode district. The below map shows the position of THE VILLA on THE STREET.