1, SHIRE AVENUE, BRADWELL, GREAT YARMOUTH, NR31 9UB - £300,000

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 SHIRE AVENUE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £315,518. It was last sold for £300,000 in February 2022, which was around 3% below the average February 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

1 SHIRE AVENUE Sold Prices

Land registry data shows three sales for 1 SHIRE AVENUE 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. Two of the three 1 SHIRE AVENUE sales were for below the average price, whilst one was for above 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 9 FEB	£300,000	£308,608	3% below HPI
2021 29 SEP	£219,000	£287,578	24% below HPI
2009 15 MAY	£180,000	£168,513	7% above HPI

1 SHIRE AVENUE 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 SHIRE AVENUE sales between May 2009 and February 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 September 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1 SHIRE AVENUE be worth now?

1 SHIRE AVENUE might now be worth an estimated £315,518.

This is based on house price inflation of 5.2%, between February 2022 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 5.2% inflationary increase is applied to the most recent sale price for 1 SHIRE AVENUE of £300,000 on 9th February 2022. For the value to have increased from £300,000 to £315,518 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 SHIRE AVENUE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The February 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHIRE AVENUE has not materially changed since February 2022.

How Large is 1 SHIRE AVENUE?

1 SHIRE AVENUE is 74m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% 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 SHIRE AVENUE lies on this distribution: 13% of detached houses houses are smaller than 1 SHIRE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

1 SHIRE AVENUE: Plot and Title Map

1 SHIRE AVENUE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 1 SHIRE AVENUE, 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 SHIRE AVENUE). 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 SHIRE AVENUE?

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