5, SPRINGFIELD ROAD, HEMSBY, GREAT YARMOUTH, NR29 4LU - £185,000

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 SPRINGFIELD ROAD is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £230,752. It was last sold for £185,000 in October 2017, which was around 26% below the average October 2017 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.

5 SPRINGFIELD ROAD Sold Prices

Land registry data shows one sale for 5 SPRINGFIELD ROAD 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
2017 18 OCT	£185,000	£248,782	26% below HPI

What might 5 SPRINGFIELD ROAD be worth now?

5 SPRINGFIELD ROAD might now be worth an estimated £230,752.

This is based on house price inflation of 24.7%, between October 2017 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 24.7% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELD ROAD of £185,000 on 18th October 2017. For the value to have increased from £185,000 to £230,752 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 5 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The October 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELD ROAD has not materially changed since October 2017.

How Large is 5 SPRINGFIELD ROAD?

5 SPRINGFIELD ROAD is 69m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses by size in Hemsby, and where 5 SPRINGFIELD ROAD lies on this distribution: 16% of detached houses are smaller than 5 SPRINGFIELD ROAD, and 84% of detached houses are larger. Note that EPC data is not available for all properties in Hemsby.

5 SPRINGFIELD ROAD: Plot

5 SPRINGFIELD ROAD sits on a plot of roughly 0.075 of an acre, or 302m².

Where is 5 SPRINGFIELD ROAD?

5 SPRINGFIELD ROAD is located in HEMSBY, in the NR29 postcode district.