31, ORMESBY ROAD, HEMSBY, GREAT YARMOUTH, NR29 4LA - £240,000

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.

31 ORMESBY ROAD is a small detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £282,153. It was last sold for £240,000 in October 2020, which was around 8% below the average October 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was July 2020, where the current energy rating was F, and the potential energy rating was B.

31 ORMESBY ROAD Sold Prices

Land registry data shows two sales for 31 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 31 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
2020 13 OCT	£240,000	£259,753	8% below HPI
1995 29 SEP	£60,000	£60,991	2% below HPI

31 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 31 ORMESBY ROAD sales from September 1995 and October 2020 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 September 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 31 ORMESBY ROAD be worth now?

31 ORMESBY ROAD might now be worth an estimated £282,153.

This is based on house price inflation of 17.6%, between October 2020 and June 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 17.6% inflationary increase is applied to the most recent sale price for 31 ORMESBY ROAD of £240,000 on 13th October 2020. For the value to have increased from £240,000 to £282,153 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 31 ORMESBY ROAD has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The October 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 31 ORMESBY ROAD has not materially changed since October 2020.

How Large is 31 ORMESBY ROAD?

31 ORMESBY ROAD is 89m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% 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 31 ORMESBY ROAD lies on this distribution: 39% of detached houses houses are smaller than 31 ORMESBY ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

31 ORMESBY ROAD: Plot and Title Map

31 ORMESBY ROAD sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of 31 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 31 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 31 ORMESBY ROAD?

31 ORMESBY ROAD is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 31 on ORMESBY ROAD.