9, MEADOW RISE, HEMSBY, GREAT YARMOUTH, NR29 4HB - £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.

9 MEADOW RISE is a midsized extended detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £360,669. It was last sold for £315,000 in April 2021, which was around 14% above the average April 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was D.

9 MEADOW RISE Sold Prices

Land registry data shows three sales for 9 MEADOW RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. One of the three 9 MEADOW RISE sales was for above the average price, whilst two 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
2021 22 APR	£315,000	£277,490	14% above HPI
2018 8 MAR	£160,000	£244,049	34% below HPI
1996 12 JUL	£48,000	£59,350	19% below HPI

9 MEADOW RISE 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 three 9 MEADOW RISE sales between July 1996 and April 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 March 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 9 MEADOW RISE be worth now?

9 MEADOW RISE might now be worth an estimated £360,669.

This is based on house price inflation of 14.5%, between April 2021 and March 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 14.5% inflationary increase is applied to the most recent sale price for 9 MEADOW RISE of £315,000 on 22nd April 2021. For the value to have increased from £315,000 to £360,669 over the four years and one month to March 2025, the following assumptions must hold true:

• The value of 9 MEADOW RISE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The April 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MEADOW RISE has not materially changed since April 2021.

How Large is 9 MEADOW RISE?

9 MEADOW RISE is 94m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% 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 9 MEADOW RISE lies on this distribution: 43% of detached houses houses are smaller than 9 MEADOW RISE, and 57% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

9 MEADOW RISE: Plot and Title Map

9 MEADOW RISE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 9 MEADOW RISE, 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 9 MEADOW RISE). 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 9 MEADOW RISE?

9 MEADOW RISE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 9 on MEADOW RISE.