12, CEDAR CLOSE, MARTHAM, GREAT YARMOUTH, NR29 4SD - £142,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 CEDAR CLOSE is a very small extended detached house of 66m², built sometime between 1950 and 1966. It was last sold for £142,000 in November 2012, which was around 25% below the average November 2012 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

12 CEDAR CLOSE Sold Prices

Land registry data shows four sales for 12 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the four 12 CEDAR 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 29 NOV	£142,000	£188,134	25% below HPI
2004 17 SEP	£129,950	£179,455	28% below HPI
2002 28 FEB	£79,950	£108,429	26% below HPI
1996 20 SEP	£40,750	£60,253	32% below HPI

12 CEDAR 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 four 12 CEDAR CLOSE sales between September 1996 and November 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 September 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2012 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 CEDAR CLOSE?

12 CEDAR CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Martham, based on EPC data. The below chart shows the distribution of detached houses by size in Martham, and where 12 CEDAR CLOSE lies on this distribution: 9% of detached houses are smaller than 12 CEDAR CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Martham.

12 CEDAR CLOSE: Plot and Title Map

12 CEDAR CLOSE sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 12 CEDAR 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 12 CEDAR 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 12 CEDAR CLOSE?

12 CEDAR CLOSE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 12 on CEDAR CLOSE.