3, SPRINGFIELD CLOSE, HEMSBY, GREAT YARMOUTH, NR29 4LZ - £46,950

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.

3 SPRINGFIELD CLOSE is a midsized extended terraced house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £243,022. It was last sold for £46,950 in August 1997, which was around 48% above the average August 1997 terraced price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

3 SPRINGFIELD CLOSE Sold Prices

Land registry data shows one sale for 3 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
1997 28 AUG	£46,950	£31,699	48% above HPI

What might 3 SPRINGFIELD CLOSE be worth now?

3 SPRINGFIELD CLOSE might now be worth an estimated £243,022.

This is based on house price inflation of 417.6%, between August 1997 and May 2026, for terraced 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 417.6% inflationary increase is applied to the most recent sale price for 3 SPRINGFIELD CLOSE of £46,950 on 28th August 1997. For the value to have increased from £46,950 to £243,022 over the 29 years and three months to May 2026, the following assumptions must hold true:

• The value of 3 SPRINGFIELD CLOSE has moved in line with the HPI for terraced houses in the Great Yarmouth local authority area.
• The August 1997 sale price of £46,950 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFIELD CLOSE has not materially changed since August 1997.

How Large is 3 SPRINGFIELD CLOSE?

3 SPRINGFIELD CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of terraced houses in Hemsby, based on EPC data. The below chart shows the distribution of terraced houses by size in Hemsby, and where 3 SPRINGFIELD CLOSE lies on this distribution: 52% of terraced houses are smaller than 3 SPRINGFIELD CLOSE, and 48% of terraced houses are larger. Note that EPC data is not available for all properties in Hemsby.

3 SPRINGFIELD CLOSE: Plot

3 SPRINGFIELD CLOSE sits on a plot of roughly 0.070 of an acre, or 282m².

Where is 3 SPRINGFIELD CLOSE?

3 SPRINGFIELD CLOSE is located in HEMSBY, in the NR29 postcode district.