15, THE ESPLANADE, SCRATBY, GREAT YARMOUTH, NR29 3NZ - £540,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 THE ESPLANADE is a very large extended detached house of 152m², built sometime between 1983 and 1990. It was last sold for £540,000 in December 2022, which was around 60% above the average December 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

15 THE ESPLANADE Sold Prices

Land registry data shows two sales for 15 THE ESPLANADE 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 15 THE ESPLANADE sales was for above 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
2022 19 DEC	£540,000	£336,661	60% above HPI
2022 23 FEB	£245,000	£311,839	21% below HPI

15 THE ESPLANADE 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 15 THE ESPLANADE sales from February 2022 and December 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 February 2022 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2022 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 15 THE ESPLANADE?

15 THE ESPLANADE is 152m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses in Scratby, based on EPC data. The below chart shows the distribution of detached houses by size in Scratby, and where 15 THE ESPLANADE lies on this distribution: 88% of detached houses are smaller than 15 THE ESPLANADE, and 12% of houses are larger. Note that EPC data is not available for all properties in Scratby.

15 THE ESPLANADE: Plot and Title Map

15 THE ESPLANADE sits on a plot of roughly 0.267 of an acre, or 1,080m². The below map shows the location of 15 THE ESPLANADE, 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 THE ESPLANADE). 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 THE ESPLANADE?

15 THE ESPLANADE is located in SCRATBY, in the NR29 postcode district. The below map shows the position of No. 15 on THE ESPLANADE.