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 PROMENADE is a very small extended detached house of 61m², built sometime between 1930 and 1949. It was last sold for £169,000 in September 2020, which was around 35% below the average September 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was August 2019, where the current energy rating was G, and the potential energy rating was F.
Land registry data shows five sales for 15 THE PROMENADE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the five 15 THE PROMENADE 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 |
---|---|---|---|
2020 25 SEP | £169,000 | £261,853 | 35% below HPI |
2010 27 SEP | £115,000 | £181,009 | 36% below HPI |
2008 7 FEB | £138,000 | £207,502 | 33% below HPI |
2005 6 APR | £107,500 | £180,589 | 40% below HPI |
1999 4 JUN | £53,000 | £74,893 | 29% below HPI |
The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The five 15 THE PROMENADE sales between June 1999 and September 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 September 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
15 THE PROMENADE is 61m², which includes four extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% 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 PROMENADE lies on this distribution: 9% of detached houses are smaller than 15 THE PROMENADE, and 90% of houses are larger. Note that EPC data is not available for all properties in Scratby.
15 THE PROMENADE sits on a plot of roughly 0.219 of an acre, or 887m². The below map shows the location of 15 THE PROMENADE, 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 PROMENADE). 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.
15 THE PROMENADE is located in SCRATBY, in the NR29 postcode district. The below map shows the position of No. 15 on THE PROMENADE.