2, SPRINGFIELD ROAD, HEMSBY, GREAT YARMOUTH, NR29 4LU - £202,000

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 SPRINGFIELD ROAD is a midsized detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £335,639. It was last sold for £202,000 in September 2011, which was around 7% above the average September 2011 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

2 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 2 SPRINGFIELD ROAD 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 SPRINGFIELD ROAD 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
2011 2 SEP	£202,000	£189,145	7% above HPI
2003 18 JUL	£175,000	£147,426	19% above HPI
1999 9 MAR	£75,000	£69,627	8% above HPI

2 SPRINGFIELD ROAD 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 SPRINGFIELD ROAD sales between March 1999 and September 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 July 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2011 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 SPRINGFIELD ROAD be worth now?

2 SPRINGFIELD ROAD might now be worth an estimated £335,639.

This is based on house price inflation of 66.2%, between September 2011 and April 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 66.2% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD ROAD of £202,000 on 2nd September 2011. For the value to have increased from £202,000 to £335,639 over the fifteen years and five months to April 2026, the following assumptions must hold true:

• The value of 2 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The September 2011 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD ROAD has not materially changed since September 2011.

How Large is 2 SPRINGFIELD ROAD?

2 SPRINGFIELD ROAD is 100m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 50% 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 SPRINGFIELD ROAD lies on this distribution: 46% of detached houses houses are smaller than 2 SPRINGFIELD ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

2 SPRINGFIELD ROAD: Plot and Title Map

2 SPRINGFIELD ROAD sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 2 SPRINGFIELD ROAD, 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 SPRINGFIELD ROAD). 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 SPRINGFIELD ROAD?

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