5, PADDOCK CLOSE, BELTON, GREAT YARMOUTH, NR31 9NT - £185,000

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 PADDOCK CLOSE is a midsized extended semi-detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £226,121. It was last sold for £185,000 in June 2020, which was around 10% above the average June 2020 semi-detached price in the Great Yarmouth local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

5 PADDOCK CLOSE Sold Prices

Land registry data shows four sales for 5 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the four 5 PADDOCK 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
2020 22 JUN	£185,000	£168,517	10% above HPI
2009 6 OCT	£138,000	£121,826	13% above HPI
2001 16 FEB	£63,500	£54,867	16% above HPI
1997 28 NOV	£45,000	£43,264	4% above HPI

5 PADDOCK 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 four 5 PADDOCK CLOSE sales between November 1997 and June 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 October 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 5 PADDOCK CLOSE be worth now?

5 PADDOCK CLOSE might now be worth an estimated £226,121.

This is based on house price inflation of 22.2%, between June 2020 and June 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 22.2% inflationary increase is applied to the most recent sale price for 5 PADDOCK CLOSE of £185,000 on 22nd June 2020. For the value to have increased from £185,000 to £226,121 over the five years to June 2025, the following assumptions must hold true:

• The value of 5 PADDOCK CLOSE has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The June 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PADDOCK CLOSE has not materially changed since June 2020.

How Large is 5 PADDOCK CLOSE?

5 PADDOCK CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of semi-detached houses houses in Belton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Belton, and where 5 PADDOCK CLOSE lies on this distribution: 42% of semi-detached houses houses are smaller than 5 PADDOCK CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Belton.

5 PADDOCK CLOSE: Plot and Title Map

5 PADDOCK CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 5 PADDOCK 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 PADDOCK 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 PADDOCK CLOSE?

5 PADDOCK CLOSE is located in BELTON, in the NR31 postcode district. The below map shows the position of No. 5 on PADDOCK CLOSE.