1, GREBE CLOSE, BRADWELL, GREAT YARMOUTH, NR31 8JT - £125,000

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.

1 GREBE CLOSE is a small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £216,608. It was last sold for £125,000 in October 2012, which was around 33% below the average October 2012 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

1 GREBE CLOSE Sold Prices

Land registry data shows three sales for 1 GREBE CLOSE 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. All of the three 1 GREBE CLOSE 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
2012 12 OCT	£125,000	£187,303	33% below HPI
2011 8 APR	£125,000	£177,741	30% below HPI
2000 27 OCT	£80,000	£90,390	11% below HPI

1 GREBE CLOSE 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 1 GREBE CLOSE sales between October 2000 and October 2012 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 April 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2012 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 GREBE CLOSE be worth now?

1 GREBE CLOSE might now be worth an estimated £216,608.

This is based on house price inflation of 73.3%, between October 2012 and February 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 73.3% inflationary increase is applied to the most recent sale price for 1 GREBE CLOSE of £125,000 on 12th October 2012. For the value to have increased from £125,000 to £216,608 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 GREBE CLOSE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The October 2012 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREBE CLOSE has not materially changed since October 2012.

How Large is 1 GREBE CLOSE?

1 GREBE CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses houses in Bradwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradwell, and where 1 GREBE CLOSE lies on this distribution: 29% of detached houses houses are smaller than 1 GREBE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

1 GREBE CLOSE: Plot and Title Map

1 GREBE CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 1 GREBE CLOSE, 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 1 GREBE CLOSE). 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 1 GREBE CLOSE?

1 GREBE CLOSE is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 1 on GREBE CLOSE.