3, HALL CLOSE, HEMSBY, GREAT YARMOUTH, NR29 4EN - £47,000

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.

3 HALL CLOSE is a very small terraced house of 40m², built sometime between 1996 and 2002, which could now be worth an estimated £190,715. It was last sold for £47,000 in April 2001, which was around 15% above the average April 2001 terraced price in the Great Yarmouth local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

3 HALL CLOSE Sold Prices

Land registry data shows three sales for 3 HALL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Great Yarmouth local authority area for the corresponding sale date. All of the three 3 HALL 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
2001 12 APR	£47,000	£40,937	15% above HPI
1999 26 MAY	£41,950	£33,428	25% above HPI
1996 3 MAY	£30,000	£27,937	7% above HPI

3 HALL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Great Yarmouth local authority area over time, sourced from the HPI. The three 3 HALL CLOSE sales between May 1996 and April 2001 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 May 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2001 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 HALL CLOSE be worth now?

3 HALL CLOSE might now be worth an estimated £190,715.

This is based on house price inflation of 305.8%, between April 2001 and April 2026, for terraced 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 305.8% inflationary increase is applied to the most recent sale price for 3 HALL CLOSE of £47,000 on 12th April 2001. For the value to have increased from £47,000 to £190,715 over the 25 years to April 2026, the following assumptions must hold true:

• The value of 3 HALL CLOSE has moved in line with the HPI for terraced houses in the Great Yarmouth local authority area.
• The April 2001 sale price of £47,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HALL CLOSE has not materially changed since April 2001.

How Large is 3 HALL CLOSE?

3 HALL CLOSE is 40m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of terraced houses houses in Hemsby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hemsby, and where 3 HALL CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 HALL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

3 HALL CLOSE: Plot and Title Map

3 HALL CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 3 HALL 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 3 HALL 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 3 HALL CLOSE?

3 HALL CLOSE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 3 on HALL CLOSE.