9, MEDESWELL, HEMSBY, GREAT YARMOUTH, NR29 4NU - £200,000

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 MEDESWELL is a very small extended semi-detached house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £194,551. It was last sold for £200,000 in September 2022, which was around 9% below the average September 2022 semi-detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

9 MEDESWELL Sold Prices

Land registry data shows three sales for 9 MEDESWELL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the three 9 MEDESWELL 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 23 SEP	£200,000	£218,702	9% below HPI
2007 16 JUL	£134,500	£141,972	5% below HPI
1999 9 AUG	£41,000	£48,771	16% below HPI

9 MEDESWELL 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 three 9 MEDESWELL sales between August 1999 and September 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 July 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 9 MEDESWELL be worth now?

9 MEDESWELL might now be worth an estimated £194,551.

This is based on house price deflation of 2.7%, between September 2022 and March 2026, 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 2.7% deflationary decrease is applied to the most recent sale price for 9 MEDESWELL of £200,000 on 23rd September 2022. For the value to have decreased from £200,000 to £194,551 over the four years and six months to March 2026, the following assumptions must hold true:

• The value of 9 MEDESWELL has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The September 2022 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MEDESWELL has not materially changed since September 2022.

How Large is 9 MEDESWELL?

9 MEDESWELL is 57m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of semi-detached houses houses in Hemsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hemsby, and where 9 MEDESWELL lies on this distribution: 6% of semi-detached houses houses are smaller than 9 MEDESWELL, and 94% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

9 MEDESWELL: Plot and Title Map

9 MEDESWELL sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 9 MEDESWELL, 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 MEDESWELL). 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 MEDESWELL?

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