15, STATION CLOSE, MARTHAM, GREAT YARMOUTH, NR29 4UQ - £139,950

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.

15 STATION CLOSE is a very small extended detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £236,565. It was last sold for £139,950 in January 2007, which was around 27% below the average January 2007 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

15 STATION CLOSE Sold Prices

Land registry data shows three sales for 15 STATION 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 15 STATION 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
2007 12 JAN	£139,950	£192,014	27% below HPI
2006 26 MAY	£132,000	£184,907	29% below HPI
1999 11 JUN	£49,000	£74,117	34% below HPI

15 STATION 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 15 STATION CLOSE sales between June 1999 and January 2007 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 May 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2007 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 15 STATION CLOSE be worth now?

15 STATION CLOSE might now be worth an estimated £236,565.

This is based on house price inflation of 69%, between January 2007 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 69% inflationary increase is applied to the most recent sale price for 15 STATION CLOSE of £139,950 on 12th January 2007. For the value to have increased from £139,950 to £236,565 over the seventeen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 STATION CLOSE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The January 2007 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 15 STATION CLOSE has not materially changed since January 2007.

How Large is 15 STATION CLOSE?

15 STATION CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% 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 15 STATION CLOSE lies on this distribution: 14% of detached houses houses are smaller than 15 STATION CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Martham.

15 STATION CLOSE: Plot and Title Map

15 STATION CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 15 STATION 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 15 STATION 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 15 STATION CLOSE?

15 STATION CLOSE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 15 on STATION CLOSE.