22, ORMESBY ROAD, HEMSBY, GREAT YARMOUTH, NR29 4LA - £310,000

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.

22 ORMESBY ROAD is a large extended detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £355,845. It was last sold for £310,000 in June 2021, which was around 10% above the average June 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

22 ORMESBY ROAD Sold Prices

Land registry data shows three sales for 22 ORMESBY 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. Two of the three 22 ORMESBY ROAD sales were for above the average price, whilst one was 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 29 JUN	£310,000	£282,755	10% above HPI
2018 1 JUN	£272,000	£241,761	13% above HPI
2011 17 JAN	£160,000	£187,651	15% below HPI

22 ORMESBY 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 22 ORMESBY ROAD sales between January 2011 and June 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 June 2018 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 22 ORMESBY ROAD be worth now?

22 ORMESBY ROAD might now be worth an estimated £355,845.

This is based on house price inflation of 14.8%, between June 2021 and February 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 14.8% inflationary increase is applied to the most recent sale price for 22 ORMESBY ROAD of £310,000 on 29th June 2021. For the value to have increased from £310,000 to £355,845 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 22 ORMESBY ROAD has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The June 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ORMESBY ROAD has not materially changed since June 2021.

How Large is 22 ORMESBY ROAD?

22 ORMESBY ROAD is 124m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% 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 22 ORMESBY ROAD lies on this distribution: 69% of detached houses houses are smaller than 22 ORMESBY ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

22 ORMESBY ROAD: Plot and Title Map

22 ORMESBY ROAD sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 22 ORMESBY 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 22 ORMESBY 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 22 ORMESBY ROAD?

22 ORMESBY ROAD is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 22 on ORMESBY ROAD.