28, THE CLOSE, HEMSBY, GREAT YARMOUTH, NR29 4ER - £250,000

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.

28 THE CLOSE is a small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £351,207. It was last sold for £250,000 in September 2016, which was around 13% above the average September 2016 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was A.

28 THE CLOSE Sold Prices

Land registry data shows two sales for 28 THE 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. One of the two 28 THE CLOSE sales was for above the average price, whilst the other 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
2016 30 SEP	£250,000	£220,887	13% above HPI
2005 28 OCT	£167,000	£181,989	8% below HPI

28 THE 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 28 THE CLOSE sales from October 2005 and September 2016 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 October 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2016 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 28 THE CLOSE be worth now?

28 THE CLOSE might now be worth an estimated £351,207.

This is based on house price inflation of 40.5%, between September 2016 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 40.5% inflationary increase is applied to the most recent sale price for 28 THE CLOSE of £250,000 on 30th September 2016. For the value to have increased from £250,000 to £351,207 over the ten years and four months to May 2026, the following assumptions must hold true:

• The value of 28 THE CLOSE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The September 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 28 THE CLOSE has not materially changed since September 2016.

How Large is 28 THE CLOSE?

28 THE CLOSE is 75m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 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 28 THE CLOSE lies on this distribution: 21% of detached houses houses are smaller than 28 THE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

28 THE CLOSE: Plot and Title Map

28 THE CLOSE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 28 THE 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 28 THE 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 28 THE CLOSE?

28 THE CLOSE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 28 on THE CLOSE.