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

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.

12 CEDAR CLOSE is a very small extended detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £247,545. It was last sold for £142,000 in November 2012, which was around 24% 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	£186,185	24% below HPI
2004 17 SEP	£129,950	£177,596	27% below HPI
2002 28 FEB	£79,950	£107,306	25% below HPI
1996 20 SEP	£40,750	£59,629	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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2012 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 CEDAR CLOSE be worth now?

12 CEDAR CLOSE might now be worth an estimated £247,545.

This is based on house price inflation of 74.3%, between November 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 74.3% inflationary increase is applied to the most recent sale price for 12 CEDAR CLOSE of £142,000 on 29th November 2012. For the value to have increased from £142,000 to £247,545 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 CEDAR CLOSE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The November 2012 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CEDAR CLOSE has not materially changed since November 2012.

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 houses in Martham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martham, and where 12 CEDAR CLOSE lies on this distribution: 9% of detached houses 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 0.061 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.