THE WILLOWS, KINGS LOKE, HEMSBY, GREAT YARMOUTH, NR29 4HN - £350,000

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 WILLOWS is a very large detached house of 168m², built sometime between 1950 and 1966. It was last sold for £350,000 in March 2020, which was around 37% above the average March 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows three sales for THE WILLOWS 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. All of the three THE WILLOWS 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
2020 12 MAR	£350,000	£254,599	37% above HPI
2013 21 NOV	£285,000	£189,994	50% above HPI
1999 16 JUL	£115,000	£75,545	52% above HPI

THE WILLOWS 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 WILLOWS sales between July 1999 and March 2020 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 November 2013 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the March 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 168m² according to the EPC inspection conducted in September 2013. This puts it in the largest 20% 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 WILLOWS lies on this distribution: 88% of detached houses are smaller than THE WILLOWS, and 11% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.286 of an acre, or 1,159m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on KINGS LOKE in HEMSBY, in the NR29 postcode district. The below map shows the position of THE WILLOWS on KINGS LOKE.