2, ROMANY CLOSE, ROLLESBY, GREAT YARMOUTH, NR29 5DJ - £242,000

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.

2 ROMANY CLOSE is a large detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £423,452. It was last sold for £242,000 in March 2010, which was around 36% above the average March 2010 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

2 ROMANY CLOSE Sold Prices

Land registry data shows two sales for 2 ROMANY CLOSE 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 2 ROMANY 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
2010 9 MAR	£242,000	£177,339	36% above HPI
2004 4 FEB	£222,000	£155,303	43% above HPI

2 ROMANY CLOSE 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 2 ROMANY CLOSE sales from February 2004 and March 2010 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 February 2004 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2010 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 ROMANY CLOSE be worth now?

2 ROMANY CLOSE might now be worth an estimated £423,452.

This is based on house price inflation of 75%, between March 2010 and May 2026, 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 75% inflationary increase is applied to the most recent sale price for 2 ROMANY CLOSE of £242,000 on 9th March 2010. For the value to have increased from £242,000 to £423,452 over the fifteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 ROMANY CLOSE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The March 2010 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROMANY CLOSE has not materially changed since March 2010.

How Large is 2 ROMANY CLOSE?

2 ROMANY CLOSE is 120m² according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses houses in Rollesby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rollesby, and where 2 ROMANY CLOSE lies on this distribution: 73% of detached houses houses are smaller than 2 ROMANY CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Rollesby.

2 ROMANY CLOSE: Plot and Title Map

2 ROMANY CLOSE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 2 ROMANY 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 ROMANY 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 ROMANY CLOSE?

2 ROMANY CLOSE is located in ROLLESBY, in the NR29 postcode district. The below map shows the position of No. 2 on ROMANY CLOSE.