16A, CRAB LANE, BRADWELL, GREAT YARMOUTH, NR31 8DJ - £225,000

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.

16A CRAB LANE is a very small detached house of 67m², which could now be worth an estimated £256,464. It was last sold for £225,000 in August 2021, which was around 21% below the average August 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

16A CRAB LANE Sold Prices

Land registry data shows two sales for 16A CRAB LANE 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. Both of the two 16A CRAB LANE 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
2021 9 AUG	£225,000	£284,751	21% below HPI
2016 29 FEB	£165,000	£216,171	24% below HPI

16A CRAB LANE 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 16A CRAB LANE sales from February 2016 and August 2021 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 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 16A CRAB LANE be worth now?

16A CRAB LANE might now be worth an estimated £256,464.

This is based on house price inflation of 14%, between August 2021 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 14% inflationary increase is applied to the most recent sale price for 16A CRAB LANE of £225,000 on 9th August 2021. For the value to have increased from £225,000 to £256,464 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 16A CRAB LANE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The August 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 16A CRAB LANE has not materially changed since August 2021.

How Large is 16A CRAB LANE?

16A CRAB LANE is 67m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses houses in Bradwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradwell, and where 16A CRAB LANE lies on this distribution: 7% of detached houses houses are smaller than 16A CRAB LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

16A CRAB LANE: Plot and Title Map

16A CRAB LANE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 16A CRAB LANE, 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 16A CRAB LANE). 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 16A CRAB LANE?

16A CRAB LANE is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 16A on CRAB LANE.