3, ORMESBY ROAD, HEMSBY, GREAT YARMOUTH, NR29 4LA - £174,950

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 ORMESBY ROAD is a small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £280,840. It was last sold for £174,950 in March 2014, which was around 11% below the average March 2014 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was C.

3 ORMESBY ROAD Sold Prices

Land registry data shows two sales for 3 ORMESBY ROAD 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 3 ORMESBY ROAD sales were 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
2014 3 MAR	£174,950	£195,781	11% below HPI
2011 1 APR	£125,000	£177,741	30% below HPI

3 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 two 3 ORMESBY ROAD sales from April 2011 and March 2014 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 April 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 ORMESBY ROAD be worth now?

3 ORMESBY ROAD might now be worth an estimated £280,840.

This is based on house price inflation of 60.5%, between March 2014 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 60.5% inflationary increase is applied to the most recent sale price for 3 ORMESBY ROAD of £174,950 on 3rd March 2014. For the value to have increased from £174,950 to £280,840 over the eleven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 3 ORMESBY ROAD has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The March 2014 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 3 ORMESBY ROAD has not materially changed since March 2014.

How Large is 3 ORMESBY ROAD?

3 ORMESBY ROAD is 78m² according to the EPC inspection conducted in April 2010. 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 3 ORMESBY ROAD lies on this distribution: 26% of detached houses houses are smaller than 3 ORMESBY ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

3 ORMESBY ROAD: Plot and Title Map

3 ORMESBY ROAD sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 3 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 3 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 3 ORMESBY ROAD?

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