14, CHERRY TREE AVENUE, MARTHAM, GREAT YARMOUTH, NR29 4QP - £260,000

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.

14 CHERRY TREE AVENUE is a small detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £325,579. It was last sold for £260,000 in January 2020, which was about the average January 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

14 CHERRY TREE AVENUE Sold Prices

Land registry data shows two sales for 14 CHERRY TREE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. One of the two 14 CHERRY TREE AVENUE sales was roughly equal to the average price, whilst the other was 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
2020 10 JAN	£260,000	£259,195	Close to HPI
2003 2 OCT	£132,500	£152,003	13% below HPI

14 CHERRY TREE 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 two 14 CHERRY TREE AVENUE sales from October 2003 and January 2020 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 October 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 14 CHERRY TREE AVENUE be worth now?

14 CHERRY TREE AVENUE might now be worth an estimated £325,579.

This is based on house price inflation of 25.2%, between January 2020 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 25.2% inflationary increase is applied to the most recent sale price for 14 CHERRY TREE AVENUE of £260,000 on 10th January 2020. For the value to have increased from £260,000 to £325,579 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 14 CHERRY TREE AVENUE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The January 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CHERRY TREE AVENUE has not materially changed since January 2020.

How Large is 14 CHERRY TREE AVENUE?

14 CHERRY TREE AVENUE is 82m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% 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 14 CHERRY TREE AVENUE lies on this distribution: 34% of detached houses houses are smaller than 14 CHERRY TREE AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Martham.

14 CHERRY TREE AVENUE: Plot and Title Map

14 CHERRY TREE AVENUE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 14 CHERRY TREE 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 14 CHERRY TREE 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 14 CHERRY TREE AVENUE?

14 CHERRY TREE AVENUE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 14 on CHERRY TREE AVENUE.