2, FALLOWFIELD, HEMSBY, GREAT YARMOUTH, NR29 4NT - £132,500

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.

2 FALLOWFIELD is a small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £236,850. It was last sold for £132,500 in April 2011, which was around 25% below the average April 2011 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was November 2010, where the current energy rating was F, and the potential energy rating was C.

2 FALLOWFIELD Sold Prices

Land registry data shows three sales for 2 FALLOWFIELD 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 2 FALLOWFIELD 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
2011 4 APR	£132,500	£177,741	25% below HPI
2009 10 DEC	£150,000	£185,985	19% below HPI
2000 10 MAR	£59,999	£81,047	26% below HPI

2 FALLOWFIELD 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 2 FALLOWFIELD sales between March 2000 and April 2011 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 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 FALLOWFIELD be worth now?

2 FALLOWFIELD might now be worth an estimated £236,850.

This is based on house price inflation of 78.8%, between April 2011 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 78.8% inflationary increase is applied to the most recent sale price for 2 FALLOWFIELD of £132,500 on 4th April 2011. For the value to have increased from £132,500 to £236,850 over the fourteen years and one month to March 2025, the following assumptions must hold true:

• The value of 2 FALLOWFIELD has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The April 2011 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 2 FALLOWFIELD has not materially changed since April 2011.

How Large is 2 FALLOWFIELD?

2 FALLOWFIELD is 87m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 40% 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 2 FALLOWFIELD lies on this distribution: 38% of detached houses houses are smaller than 2 FALLOWFIELD, and 62% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

2 FALLOWFIELD: Plot and Title Map

2 FALLOWFIELD sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 2 FALLOWFIELD, 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 2 FALLOWFIELD). 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 2 FALLOWFIELD?

2 FALLOWFIELD is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 2 on FALLOWFIELD.