2, CHERRY CLOSE, BRADWELL, GREAT YARMOUTH, NR31 8HZ - £165,000

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

2 CHERRY CLOSE is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £165,000 in July 2014, which was around 19% below the average July 2014 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

2 CHERRY CLOSE Sold Prices

Land registry data shows three sales for 2 CHERRY 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 2 CHERRY 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
2014 11 JUL	£165,000	£203,338	19% below HPI
2011 14 NOV	£161,000	£187,168	14% below HPI
2005 28 OCT	£141,500	£183,894	23% below HPI

2 CHERRY 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 2 CHERRY CLOSE sales between October 2005 and July 2014 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 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 CHERRY CLOSE?

2 CHERRY CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Bradwell, based on EPC data. The below chart shows the distribution of detached houses by size in Bradwell, and where 2 CHERRY CLOSE lies on this distribution: 10% of detached houses are smaller than 2 CHERRY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

2 CHERRY CLOSE: Plot and Title Map

2 CHERRY CLOSE sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 2 CHERRY 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 CHERRY 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 CHERRY CLOSE?

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