2, BURE CLOSE, BELTON, GREAT YARMOUTH, NR31 9LJ - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 BURE CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £210,000 in January 2021, which was around 24% below the average January 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

2 BURE CLOSE Sold Prices

Land registry data shows two sales for 2 BURE CLOSE 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 2 BURE 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
2021 29 JAN	£210,000	£277,800	24% below HPI
2014 18 NOV	£115,000	£203,014	43% below HPI

2 BURE 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 two 2 BURE CLOSE sales from November 2014 and January 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 November 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 BURE CLOSE?

2 BURE CLOSE is 58m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Belton, based on EPC data. The below chart shows the distribution of detached houses by size in Belton, and where 2 BURE CLOSE lies on this distribution: 5% of detached houses are smaller than 2 BURE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Belton.

2 BURE CLOSE: Plot and Title Map

2 BURE CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 2 BURE 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 2 BURE 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 2 BURE CLOSE?

2 BURE CLOSE is located in BELTON, in the NR31 postcode district. The below map shows the position of No. 2 on BURE CLOSE.