11, SPRINGFIELD NORTH, HEMSBY, GREAT YARMOUTH, NR29 4LX - £255,000

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.

11 SPRINGFIELD NORTH is a very small detached house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £281,728. It was last sold for £255,000 in September 2021, which was around 11% below the average September 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

11 SPRINGFIELD NORTH Sold Prices

Land registry data shows three sales for 11 SPRINGFIELD NORTH 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 11 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
2021 21 SEP	£255,000	£287,578	11% below HPI
2012 7 DEC	£137,000	£185,843	26% below HPI
2008 15 FEB	£174,500	£205,352	15% below HPI

11 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 three 11 SPRINGFIELD NORTH sales between February 2008 and September 2021 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 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 11 SPRINGFIELD NORTH be worth now?

11 SPRINGFIELD NORTH might now be worth an estimated £281,728.

This is based on house price inflation of 10.5%, between September 2021 and March 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 10.5% inflationary increase is applied to the most recent sale price for 11 SPRINGFIELD NORTH of £255,000 on 21st September 2021. For the value to have increased from £255,000 to £281,728 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 11 SPRINGFIELD NORTH has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The September 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SPRINGFIELD NORTH has not materially changed since September 2021.

How Large is 11 SPRINGFIELD NORTH?

11 SPRINGFIELD NORTH is 64m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% 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 11 SPRINGFIELD NORTH lies on this distribution: 11% of detached houses houses are smaller than 11 SPRINGFIELD NORTH, and 89% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

11 SPRINGFIELD NORTH: Plot and Title Map

11 SPRINGFIELD NORTH sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 11 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 11 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 11 SPRINGFIELD NORTH?

11 SPRINGFIELD NORTH is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 11 on SPRINGFIELD NORTH.