5, SCHOOL CLOSE, ROLLESBY, GREAT YARMOUTH, NR29 5EJ - £315,000

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 SCHOOL CLOSE is a small extended detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £346,903. It was last sold for £315,000 in October 2021, which was around 7% above the average October 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

5 SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 5 SCHOOL 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. One of the two 5 SCHOOL CLOSE sales was for above the average price, whilst the other was 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
2021 11 OCT	£315,000	£294,722	7% above HPI
2019 4 NOV	£241,000	£263,728	9% below HPI

5 SCHOOL 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 SCHOOL CLOSE sales from November 2019 and October 2021 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 November 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 SCHOOL CLOSE be worth now?

5 SCHOOL CLOSE might now be worth an estimated £346,903.

This is based on house price inflation of 10.1%, between October 2021 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 10.1% inflationary increase is applied to the most recent sale price for 5 SCHOOL CLOSE of £315,000 on 11th October 2021. For the value to have increased from £315,000 to £346,903 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 SCHOOL CLOSE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The October 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SCHOOL CLOSE has not materially changed since October 2021.

How Large is 5 SCHOOL CLOSE?

5 SCHOOL CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% 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 SCHOOL CLOSE lies on this distribution: 38% of detached houses houses are smaller than 5 SCHOOL CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Rollesby.

5 SCHOOL CLOSE: Plot and Title Map

5 SCHOOL CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 5 SCHOOL 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 SCHOOL 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 SCHOOL CLOSE?

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