2, LEYS CLOSE, GREAT YARMOUTH, NR31 0HE - £167,500

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 LEYS CLOSE is a large extended semi-detached house of 125m², built sometime between 1976 and 1982, which could now be worth an estimated £211,791. It was last sold for £167,500 in October 2020, which was around 3% below the average October 2020 semi-detached price in the Great Yarmouth local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

2 LEYS CLOSE Sold Prices

Land registry data shows two sales for 2 LEYS 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 2 LEYS CLOSE 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
2020 1 OCT	£167,500	£172,537	3% below HPI
2014 25 JUL	£124,995	£134,935	7% below HPI

2 LEYS 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 2 LEYS CLOSE sales from July 2014 and October 2020 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 LEYS CLOSE be worth now?

2 LEYS CLOSE might now be worth an estimated £211,791.

This is based on house price inflation of 26.4%, between October 2020 and February 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 26.4% inflationary increase is applied to the most recent sale price for 2 LEYS CLOSE of £167,500 on 1st October 2020. For the value to have increased from £167,500 to £211,791 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 LEYS CLOSE has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The October 2020 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LEYS CLOSE has not materially changed since October 2020.

How Large is 2 LEYS CLOSE?

2 LEYS CLOSE is 125m², which includes three extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 40% of semi-detached houses houses in Great Yarmouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Yarmouth, and where 2 LEYS CLOSE lies on this distribution: 61% of semi-detached houses houses are smaller than 2 LEYS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Great Yarmouth.

2 LEYS CLOSE: Plot and Title Map

2 LEYS CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 LEYS 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 2 LEYS 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 2 LEYS CLOSE?

2 LEYS CLOSE is located in GREAT YARMOUTH, in the NR31 postcode district. The below map shows the position of No. 2 on LEYS CLOSE.