35, THE CLOSE, HEMSBY, GREAT YARMOUTH, NR29 4ER - £243,000

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.

35 THE CLOSE is a very small extended semi-detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £239,571. It was last sold for £243,000 in July 2022, which was around 10% above the average July 2022 semi-detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

35 THE CLOSE Sold Prices

Land registry data shows three sales for 35 THE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the three 35 THE 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
2022 15 JUL	£243,000	£221,283	10% above HPI
2003 7 APR	£119,950	£95,515	26% above HPI
1999 3 DEC	£57,950	£47,826	21% above HPI

35 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The three 35 THE CLOSE sales between December 1999 and July 2022 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 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 35 THE CLOSE be worth now?

35 THE CLOSE might now be worth an estimated £239,571.

This is based on house price deflation of 1.4%, between July 2022 and February 2025, for semi-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 1.4% deflationary decrease is applied to the most recent sale price for 35 THE CLOSE of £243,000 on 15th July 2022. For the value to have decreased from £243,000 to £239,571 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 35 THE CLOSE has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The July 2022 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 35 THE CLOSE has not materially changed since July 2022.

How Large is 35 THE CLOSE?

35 THE CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of semi-detached houses houses in Hemsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hemsby, and where 35 THE CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 35 THE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

35 THE CLOSE: Plot and Title Map

35 THE CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 35 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 35 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 35 THE CLOSE?

35 THE CLOSE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 35 on THE CLOSE.