2, THE PADDOCK, HEMSBY, GREAT YARMOUTH, NR29 4HG - £140,000

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.

2 THE PADDOCK is a small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £279,731. It was last sold for £140,000 in February 2004, which was around 10% below the average February 2004 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 THE PADDOCK Sold Prices

Land registry data shows one sale for 2 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 25 FEB	£140,000	£155,303	10% below HPI

What might 2 THE PADDOCK be worth now?

2 THE PADDOCK might now be worth an estimated £279,731.

This is based on house price inflation of 99.8%, between February 2004 and May 2026, 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 99.8% inflationary increase is applied to the most recent sale price for 2 THE PADDOCK of £140,000 on 25th February 2004. For the value to have increased from £140,000 to £279,731 over the 21 years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 THE PADDOCK has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The February 2004 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE PADDOCK has not materially changed since February 2004.

How Large is 2 THE PADDOCK?

2 THE PADDOCK is 79m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses by size in Hemsby, and where 2 THE PADDOCK lies on this distribution: 28% of detached houses are smaller than 2 THE PADDOCK, and 71% of detached houses are larger. Note that EPC data is not available for all properties in Hemsby.

2 THE PADDOCK: Plot

2 THE PADDOCK sits on a plot of roughly 0.122 of an acre, or 492m².

Where is 2 THE PADDOCK?

2 THE PADDOCK is located in HEMSBY, in the NR29 postcode district.