5, KING GEORGE CLOSE, ROLLESBY, GREAT YARMOUTH, NR29 5HB - £300,000

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.

5 KING GEORGE CLOSE is a very small detached house of 64m², built sometime between 1983 and 1990, which could now be worth an estimated £294,946. It was last sold for £300,000 in November 2022, which was around 9% below the average November 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

5 KING GEORGE CLOSE Sold Prices

Land registry data shows two sales for 5 KING GEORGE CLOSE 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 5 KING GEORGE CLOSE 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
2022 7 NOV	£300,000	£330,133	9% below HPI
1998 29 JAN	£58,950	£70,089	16% below HPI

5 KING GEORGE CLOSE 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 5 KING GEORGE CLOSE sales from January 1998 and November 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 January 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 5 KING GEORGE CLOSE be worth now?

5 KING GEORGE CLOSE might now be worth an estimated £294,946.

This is based on house price deflation of 1.7%, between November 2022 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 1.7% deflationary decrease is applied to the most recent sale price for 5 KING GEORGE CLOSE of £300,000 on 7th November 2022. For the value to have decreased from £300,000 to £294,946 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 KING GEORGE CLOSE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The November 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KING GEORGE CLOSE has not materially changed since November 2022.

How Large is 5 KING GEORGE CLOSE?

5 KING GEORGE CLOSE is 64m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses houses in Rollesby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rollesby, and where 5 KING GEORGE CLOSE lies on this distribution: 4% of detached houses houses are smaller than 5 KING GEORGE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Rollesby.

5 KING GEORGE CLOSE: Plot and Title Map

5 KING GEORGE CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 5 KING GEORGE 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 5 KING GEORGE 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 5 KING GEORGE CLOSE?

5 KING GEORGE CLOSE is located in ROLLESBY, in the NR29 postcode district. The below map shows the position of No. 5 on KING GEORGE CLOSE.