1, MILL ROAD, HEMSBY, GREAT YARMOUTH, NR29 4ND - £209,000

1 MILL ROAD is a small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £209,000 in June 2018, which was around 14% below the average June 2018 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

1 MILL ROAD Sold Prices

Land registry data shows three sales for 1 MILL ROAD 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 1 MILL ROAD sales were for below the average price, whilst one 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
2018 8 JUN	£209,000	£244,292	14% below HPI
2016 24 MAR	£223,000	£220,167	1% above HPI
2009 28 AUG	£162,000	£179,778	10% below HPI

1 MILL ROAD 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 1 MILL ROAD sales between August 2009 and June 2018 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 March 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 MILL ROAD?

1 MILL ROAD is 81m², which includes one extension, according to the EPC inspection conducted in August 2015. 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 1 MILL ROAD lies on this distribution: 30% of detached houses are smaller than 1 MILL ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

1 MILL ROAD: Plot and Title Map

1 MILL ROAD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 1 MILL ROAD, 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 1 MILL ROAD). 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 1 MILL ROAD?

1 MILL ROAD is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 1 on MILL ROAD.