1, SPRINGFIELD NORTH, HEMSBY, GREAT YARMOUTH, NR29 4LX - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SPRINGFIELD NORTH is a midsized extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £261,222. It was last sold for £285,000 in December 2022, which was around 14% below the average December 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

1 SPRINGFIELD NORTH Sold Prices

Land registry data shows two sales for 1 SPRINGFIELD NORTH 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. Both of the two 1 SPRINGFIELD NORTH sales were for below 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
2022 20 DEC	£285,000	£333,172	14% below HPI
2006 8 DEC	£157,000	£193,427	19% below HPI

1 SPRINGFIELD NORTH 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 1 SPRINGFIELD NORTH sales from December 2006 and December 2022 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 SPRINGFIELD NORTH be worth now?

1 SPRINGFIELD NORTH might now be worth an estimated £261,222.

This is based on house price deflation of 8.3%, between December 2022 and June 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 8.3% deflationary decrease is applied to the most recent sale price for 1 SPRINGFIELD NORTH of £285,000 on 20th December 2022. For the value to have decreased from £285,000 to £261,222 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 1 SPRINGFIELD NORTH has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The December 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGFIELD NORTH has not materially changed since December 2022.

How Large is 1 SPRINGFIELD NORTH?

1 SPRINGFIELD NORTH is 102m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemsby, and where 1 SPRINGFIELD NORTH lies on this distribution: 50% of detached houses houses are smaller than 1 SPRINGFIELD NORTH, and 49% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

1 SPRINGFIELD NORTH: Plot and Title Map

1 SPRINGFIELD NORTH sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 1 SPRINGFIELD NORTH, 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 SPRINGFIELD NORTH). 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 SPRINGFIELD NORTH?

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