42, FOUR ACRES ESTATE, HEMSBY, GREAT YARMOUTH, NR29 4JB - £173,000

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.

42 FOUR ACRES ESTATE is a small extended detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £210,821. It was last sold for £173,000 in November 2020, which was around 35% below the average November 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

42 FOUR ACRES ESTATE Sold Prices

Land registry data shows four sales for 42 FOUR ACRES ESTATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the four 42 FOUR ACRES ESTATE 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 20 NOV	£173,000	£266,343	35% below HPI
2017 28 JUL	£130,000	£232,197	44% below HPI
2006 15 JUN	£103,500	£184,337	44% below HPI
1998 7 AUG	£36,500	£70,344	48% below HPI

42 FOUR ACRES ESTATE 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 four 42 FOUR ACRES ESTATE sales between August 1998 and November 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 July 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 42 FOUR ACRES ESTATE be worth now?

42 FOUR ACRES ESTATE might now be worth an estimated £210,821.

This is based on house price inflation of 21.9%, between November 2020 and February 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 21.9% inflationary increase is applied to the most recent sale price for 42 FOUR ACRES ESTATE of £173,000 on 20th November 2020. For the value to have increased from £173,000 to £210,821 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 42 FOUR ACRES ESTATE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The November 2020 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 42 FOUR ACRES ESTATE has not materially changed since November 2020.

How Large is 42 FOUR ACRES ESTATE?

42 FOUR ACRES ESTATE is 81m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 42 FOUR ACRES ESTATE lies on this distribution: 30% of detached houses houses are smaller than 42 FOUR ACRES ESTATE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

42 FOUR ACRES ESTATE: Plot and Title Map

42 FOUR ACRES ESTATE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 42 FOUR ACRES ESTATE, 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 42 FOUR ACRES ESTATE). 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 42 FOUR ACRES ESTATE?

42 FOUR ACRES ESTATE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 42 on FOUR ACRES ESTATE.