1, THE CLOSE, HEMSBY, GREAT YARMOUTH, NR29 4ER - £68,500

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 THE CLOSE is a very small semi-detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £236,284. It was last sold for £68,500 in July 2001, which was around 10% above the average July 2001 semi-detached price in the Great Yarmouth local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was A.

1 THE CLOSE Sold Prices

Land registry data shows two sales for 1 THE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Great Yarmouth local authority area for the corresponding sale date. Both of the two 1 THE CLOSE 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
2001 26 JUL	£68,500	£62,390	10% above HPI
1995 28 JUL	£41,000	£39,482	4% above HPI

1 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The two 1 THE CLOSE sales from July 1995 and July 2001 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 July 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2001 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 THE CLOSE be worth now?

1 THE CLOSE might now be worth an estimated £236,284.

This is based on house price inflation of 244.9%, between July 2001 and March 2025, for semi-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 244.9% inflationary increase is applied to the most recent sale price for 1 THE CLOSE of £68,500 on 26th July 2001. For the value to have increased from £68,500 to £236,284 over the 24 years and four months to March 2025, the following assumptions must hold true:

• The value of 1 THE CLOSE has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The July 2001 sale price of £68,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE CLOSE has not materially changed since July 2001.

How Large is 1 THE CLOSE?

1 THE CLOSE is 63m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of semi-detached houses houses in Hemsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hemsby, and where 1 THE CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 1 THE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

1 THE CLOSE: Plot and Title Map

1 THE CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 1 THE CLOSE, 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 THE CLOSE). 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 THE CLOSE?

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